SleazeCo manufacturers wind turbines (that produce electricity) for sale in Texas. They currently have one manufacturingfacility in Dallas, Texas, that has thefollowingtotal cost curve: TC 10,000,000 150,000* 25(2 where ga is the number of turbines produced per year in Dallas and TCD is thetotal cost in dollars. While these turbines are fairly standard in design, the Sleazeco brand is well-regarded and has some market power. Infact, the demand and marginal revenue curvesfor SleazeCois given by Demand: P- $350,000-5c, Marginal Revenue: MR $350,000 10q, where q is the total amount SleazeCo sells, P is the price (in dollars) and MR is the marginal revenue (ir dollars) Questions: 1. What is the profit maximizing price Sleazeca's should setfor its turbines? 2. What is its profit at this price? SleazeCo manufacturers wind turbines (that produce electricity) for sale in Texas. They currently have one manufacturingfacility in Dallas, Texas, that has thefollowingtotal cost curve: TC 10,000,000 150,000* 25(2 where ga is the number of turbines produced per year in Dallas and TCD is thetotal cost in dollars. While these turbines are fairly standard in design, the Sleazeco brand is well-regarded and has some market power. Infact, the demand and marginal revenue curvesfor SleazeCois given by Demand: P- $350,000-5c, Marginal Revenue: MR $350,000 10q, where q is the total amount SleazeCo sells, P is the price (in dollars) and MR is the marginal revenue (ir dollars) Questions: 1. What is the profit maximizing price Sleazeca's should setfor its turbines? 2. What is its profit at this price