The picture listed below is question for economic.

I Now suppose that Vivid is a monopolistic competition seller of Glucose Measure starter kit, which faces the following inverse demand curve: P = 100 0.5Q. The seller can produce starter kits for a constant marginal cost of $50 and it has TC = 50Q. Solve for prot maximizing level of price and output, and prot in this market. - Now suppose that Vivid is a monopolistic seller of Glucose Measure starter kit, which faces the following inverse demand curve: P = 100 0.5Q. The seller can produce starter kits for a constant marginal cost of $50. Solve for prot maximizing level of price and output, and monopolists prot in this monopoly market. Now suppose that there are two rms on the Glucose Measure Starter Kit market, Vivid and LOGO. They face the following inverse demand function P : 100 0.56.}, where Q : qv + qL. (1,, is output for Vivid, and q; for LOGO. These two rms have asymmetric marginal costs, Vivid has M 0,, : $50, and LOGO - M CL : $40, as LOGO invested in cost saving technology. 0 Calculate prot maximizing level of output and price before LOGO invested in the cost saving technology (MC = $50), if Vivid and LOGO are in the Bertrand Competition. What is the prot? c Find reaction functions. Calculate prot maximizing level of output and price, if Vivid and LOGO are in the Cournot Competition. What is the prot? I Calculate prot maximizing level of output and price, if Vivid and LOGO are in the Stackelberg Competition, where LOGO has the rst-mover advantage (is a leader). What is the prot? Competitive Markets. A complete starter kit for Vivid Glucose Measure in the competitive market sells for $600. Vivid's total costs are given by TC = 2623 , Where Q is the number of starter kits the company sells each month. The corresponding marginal cost of producing kits is MC : 6622. - Solve for prot maximizing level of price and output, and prot of Vivid in this perfectly competitive market