Assume that you own the only phone company in a small town and there is one resident of the town who can only buy from you (fortunately they don't know they could hold out for a better deal). That resident's monthly demand for long-distance minutes is Q = 120 20P . Your cost for providing these minutes is TC=1500+0.5Q. 1. (40 points) If you can only charge a single per-minute price, what is the optimal price per minute for you to charge in order to maximize prots