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suppose that the demand equation for a monopolist's product is p=400-2q and the average cost function...

suppose that the demand equation for a monopolist's product is p=400-2q and the average cost function is c= 0.2q+4+(400/q)where q is no.ber of units and p and are expressed in dollars per unit
a) determine the level of output at which profit is maximized
b) determine the price at which maximum profit occurs
c) determine the maximum profit
d) if as a regulatory device the government imposes a tax of 522 per unit on the monopolist,what is the new price for the profit maximization?

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Rahul Sunny answered 8 months ago
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