A monopoly faces the demand curve P = 100 -.01Q, where P is
price and Q is weekly production measured in cents per unit. The
firm’s cost function is C = 50Q + 20,000. Assuming the firm
maximizes profit,a. What is the level of production, price, and
total profit per week?b. If the government decides to put a tax of
20 cents per unit ON THE BUYERS of this product, what will be the
new level of production, price the...