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A monopolist faces the following demand curve, marginal revenue curve, total cost curve and marginal cost curve for its product: Q = 200 - 2P

A monopolist faces the following demand curve, marginal revenue curve, total cost curve and marginal cost curve for its product:

Q = 200 - 2P

MR = 100 - Q

TC = 5Q

MC = 5

Suppose that a tax of $5 for each unit produced is imposed by state government.How much profit does the monopolist earn?

A) $4050

B) $4950

C) $450

D) $5

Show calculations

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