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Question 9 (4 points) Suppose a monopolist has a total production cost TC 2 45Q. (a) What is the monopolist's optimal price if its constant

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Question 9 (4 points) Suppose a monopolist has a total production cost TC 2 45Q. (a) What is the monopolist's optimal price if its constant elasticity demand curve is Q = 10013-22 (b) What is the monopolist's optimal price if its constant elasticity demand curve is Q = 10013-6? *Hint: Use IEPR to compute the answer. Q (a) P=100: (b) P=54 Q (a) P=90; [b)=62.5 Q (a) P=90; (b) P=54 Q (a) P=100; (bl P=62.5

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