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1.A monopoly faces the following demand curve: Q(P)= 2760- 24P Its total cost function is: TC(Q)= 71Q+ 1616 Calculate the profit maximizing quantity 2.For the

1.A monopoly faces the following demand curve: Q(P)= 2760- 24P

Its total cost function is: TC(Q)= 71Q+ 1616

Calculate the profit maximizing quantity

2.For the monopoly in the previous question

Calculate the profit maximizing price

3.For the monopoly in the previous question

Calculate the profits at the profit maximizing price and quantity

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