Given t=RM2,N=10,000,000, R = RM6 and F =RM500,000.

(i) The optimal number of shops that should be opened by the monopoly firm is

(ii)The optimal number of shops that should be opened by social perspective is

(iii) The price should charged by the monopolist's is (give answer in 2 decimal points)

(iv) The price charge by the social perspective is (give answer in 2 decimal points)

Industrial organization