Suppose the market demand for a particular good is given by 7 QD=Wy where Q D is the quantity demanded and p is the price of the good. The marginal cost of producing the good is constant at $0.25, and this would be the marginal cost regardless of whether the good is produced by a monopolist or by a number of competitive rms. v lst attempt Part 1 (2.7 points) 0 See Hint Suppose this market is served by a monopolist. A prot-maximizing monopolist would charge 35 and would sell units