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AXL, Inc. is a monopolist in the insurance market. The total cost equation faced by AXL is and the demand equation is a. Calculate the

AXL, Inc. is a monopolist in the insurance market. The total cost equation faced by AXL is

and the demand equation is

a. Calculate the profit-maximising price and quantity for AXL.

b. What is the maximum profit for AXL?

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