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The inverse demand curve a monopoly faces is p=100Q. The firm's cost curve is C(Q)=50+5Q. What is the profit-maximizing solution? The profit-maximizing quantity is ____

The inverse demand curve a monopoly faces is

p=100Q.

The firm's cost curve is

C(Q)=50+5Q.

What is the profit-maximizing solution?

The profit-maximizing quantity is ____ enter your response here.

(Round your answer to two decimal places.)

The profit-maximizing price is $____ enter your response here.

(Round your answer to two decimal places.)

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