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Suppose a certain city has a monopoly cable-television company.This company has total costs TC = 2.5Q 2 .(Hint: using calculus, this means MC = 5Q

Suppose a certain city has a monopoly cable-television company.This company has total costs TC = 2.5Q2.(Hint: using calculus, this means MC = 5Q since MC is the derivative of TC with respect to output.)

The demand in the community is of the form Qd = 30 - P/10 (alternatively, you can write the demand equation as Qd = 30 - 0.1P).

I need to graphically depict the demand curve as well as the marginal cost (MC) curve.

If the cable company is free to choose its own price Pm and quantity Qm, graphically depict the monopoly equilibrium price and quantity.I also need to add any other curve(s) to the diagram that may be required to obtain this outcome.

I need to calculate and state the exact monopolist equilibrium price Pm and quantity Qm that you depicted graphically.

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