A drug company has a monopoly on a new patented medicine. The product can be made in either of two plants. The costs of production for the two plants are Plant #1: TC, = 100, + 0.00502 Plant #2: TC2=402 + 0.01507. The firm's estimate of demand for the product is O = 4,000 - 125P How much should the firm produce to maximize profit? b. What price should be charged for the output? c. How should the firm allocate production between the two plants