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(15 points) A monopoly faces the demand curve of Q = 15 p. The cost function is c = 10+SQ+4Q2. a) (5 points) What Q*

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(15 points) A monopoly faces the demand curve of Q = 15 p. The cost function is c = 10+SQ+4Q2. a) (5 points) What Q* maximizes the monopoly's prot (or minimizes its loss)? b) (4 points) At Q*, What is the price and the prot? 0) (4 points) At Q*, what is the average variable cost and average total cost? d) (2 points) Should the monopoly operate or shut down? Why

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