4. A single rm monopolizes the entire market for medicine XYZ. The rm faces a market demand curve given by: Q0 = 40,000 40P. Total and marginal cost functions of the monopolist are given by: TCCQ) = % Q2 533 Q + 1'102'000 and MC(Q) = 3100 $- Derive monopolist's marginal revenue function\". Calculate monopolist's prot-maximizing output level. What price does the monopolist set to maximize its prot? Calculate the prot of the monopolist. 9-9572\