1.The price for a pure monopolist is given by P = 910 - 2Q and MR = 910 - 4Q. The firm's total cost function is 48,000 + 10Q + Q² and the firm's marginal cost is 10 + 2Q.

(a)What is the level of output, price, total revenue, total cost, and total profit for an unregulated monopolist that wants to maximize profits?

(b) What is the level of output, price, total revenue, total cost, and total profit for an unregulated monopolist that wants to maximize total revenue?