Pls answer all

Use the following information to answer questions 26-27. 26. Then profit maximization If the inverse demand curve a monopoly faces is p = 100 - 2Q, and MC is constant at 16. A. is achieved when 21 units are produced. B. is achieved only by shutting down in the short run. C. is achieved by setting price equal to 21. D. cannot be determined solely from the information provided. 27. The maximum profit A. equals $1,218. B. equals $882. C. equals $336. D. cannot be determined solely from the information provided. 28. Firm 1 and Firm 2 manufacture blankets. They compete in quality. Given their payoff matrix, What is the Nash equilibrium? Firm 2 Low Medium High Low 1, 4 8, 8 4, 20 Firm 1 Medium 12, 12 16, 16 32, 12 20, 16 High 24, 8 28, 20 A. The Nash equilibrium is for Firm 1 picks high, and for Firm 2 to pick high. B. The Nash equilibrium is for Firm 1 picks medium, and for Firm 2 to pick high. C. The Nash equilibrium is for Firm 1 picks high, and for Firm 2 to pick medium. D. The Nash equilibrium is for Firm 1 picks medium, and for Firm 2 to pick medium. 29. When the demand curve is downward sloping, marginal revenue is A. less than price. B. equal to average revenue. C. equal to price. D. more than price. Courtotz