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Question 10 Mighty Cleaners, Inc, is a monopolist in the specialised cleaning industry. Its cost is C = 220 - 4Q + Q2 and demand
Question 10 Mighty Cleaners, Inc, is a monopolist in the specialised cleaning industry. Its cost is C = 220 - 4Q + Q2 and demand is P = 180 3Q, where Q is the number of hours of cleaning they provide and P is the price per hour of cleaning they charge. Find the optimal price P and output Q. What would be its prot? Please round your nal answers to two decimal places, if necessary. For example, type in 12.5 for quantity, 2.34 for price and 300.78 for prot. 0 the optimal output (the number of hours of cleaning) is o the optimal price is $ - the prot is
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