Question: Write down the maximization problem for a monopolist with cost function T C(q) =q2/2 + 10 when they face a demand function D(p) = 160

Write down the maximization problem for a monopolist with cost function T C(q) =q2/2 + 10 when they face a demand function D(p) = 160 2p. 2. Find the quantity that solves the problem, and the price that the monopolist charges.

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