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Cindy has beauty salon that serves an entire small town and its surrounding area in northern Alberta. The nearest salon is 100 miles away. Technically,

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Cindy has beauty salon that serves an entire small town and its surrounding area in northern Alberta. The nearest salon is 100 miles away. Technically, Cindy has a monopoly power. Her demand curve, total revenue curve, marginal revenue curve, and total cost curve are given as follows: Q = 1505P TR = 30Q0.2Q2 MR = 300.4Q TC = 3.5Q MC =3.5 (a) How many customers will Cindy serve that maximizes her total revenue? (b) Calculate Cindy's prot maximizing price. (c) How much prot will Cindy make? (d) Suppose that a tax of $2 per customer is imposed by local municipality. What is the new profit maximizing price? (e) Based on your answer in (d), how much profit does Cindy earn

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