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Please give answers to each question QUESTION 15 A monopoly faces the following demand curve: Q(P) = 7,500 - 125P Its total cost function is:

Please give answers to each question

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QUESTION 15 A monopoly faces the following demand curve: Q(P) = 7,500 - 125P Its total cost function is: C(Q) = 40Q Calculate the profit maximizing quantity QUESTION 16 Using the demand and cost functions above Calculate the profit maximizing price QUESTION 17 Using the demand and cost functions above Calculate profit at the profit maximizing price and quantity

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