QUESTION 15 Suppose market demand is pd = 3612 - 21 * Q. There is a single monopoly producing the product. At what price will the firm's profit if the total cost of production is: TC(Q) = 1116 + 28 * Q2? QUESTION 16 Suppose market demand is Pd = 3033 - 27 * Q. There is a single monopoly producing the product. What is the optimal quantity produced if the total cost of production is: TC(Q) = 1116 + 7 * Q2? QUESTION 17 In a particular industry, there are ten firms with the following market shares: Firm 1 has an 29% market Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All tv P