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(8) Suppose that a monopolist's inverse demand curve can be expressed as: P = 10,000 + 100Q 10Q2. The monopolist's total cost curve is: TC

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(8) Suppose that a monopolist's inverse demand curve can be expressed as: P = 10,000 + 100Q 10Q2. The monopolist's total cost curve is: TC = 5,000Q. (a) Use calculus to determine the monopolist's marginal revenue curve. (b) Use calculus to determine the monopolist's marginal cost curve. (c) What is the monopolist's prot-maximizing level of output? ((1) What price should the monopolist charge to maximize its prot

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