(Scenario: A Monopolist) A home monopolist faces a demand curve given by P = 20 - Q and has total costs given by TC = Q2. By using a bit of calculus, you should be able to determine that the firm's marginal revenue is MR = 20 - 2Q and its marginal cost is MC = 2Q Now suppose that the country in which this monopolist is located decides to engage in international trade. The world price of the product produced by the home monopolist is $12. What is the home monopolist's profit-maximizing output level? 0 5 0 8 0 4 0 6