How much economic profit does the monopolist earn?

a)A total cost curve given by TC=16+Q2.Find monopol Show more A monopolist has a demand curve given by p=100-Q a)A total cost curve given by TC=16+Q2.Find monopolists profit-maximizing quantity and price.How much economic profit does the monopolist earn? b)Now suppose the monopolists has a total cost curve given by TC+32+Q2(fixed costc doubled)Find the monopolists profit-maximizing quantity and price. How much economic profit does the monopolist earn? c).Now.suppose the monopolist has a total cost curve given by TC+16+4Q2(fixed costs are at original level but variable costs changed). Find the monopolists profit-maximizing quantity and price.How much economic profit does the monopolist earn? d)Interpret what type of cost(fixedvariable or both) is important for market price in monopolistic market? Show less

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