Please show work!

2. You are the sole publisher of "Managerial Economics Made Easy", a wonderful textbook that has a high demand because it really does make economics easy. Because you own the copyright you have a monopoly. You have estimated the demand for your textbook to be: Q = 750 - 2.5P, where Q is in thousands. Your cost function is TC = 10,000+ 24Q + .1Q? Use this information to find profit maximizing price and output, and profits. a. Output = b. Price = $ c. Profits = $_ d. At this price the elasticity of demand is _ e. The author of the book, a Prof. Maurice Tom, receives a percentage of the revenues from the sale of the textbook. To maximize his income from sales of the text he would prefer that you charge a price of $. and sell - copies. However, at that price profits (or losses) would be $