Instruction: (Please solve all of the letters and pleasemention the letter A, B, C, D with the answer. Please do not handwrite it, because handwriting is very hard to understand. Thank you very much for helping me. If the answer is good and the instruction is followed, thenI will give you a thumbs up. Thanks again.)

Managerial Economics

Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one large firm-Title King. Ajax produces a multi headed tunnel wall scrubber that is similar to a model produced by Title King. Ajax decides to charge the same price as Title King to avoid the possibility of a price war. The price charged by Title King is $20,000. Ajax has the following short-run cost curve:

TC = 800,000 - 5,000Q + 100Q^2

A) Compute the marginal cost curve for Ajax.

B) Given Ajax's pricing strategy, what is the marginal revenue function for Ajax?

C) Compute the profit-maximizing level of output of output for Ajax.

D) Compute Ajax's total dollar profits.