What would a prot-maximizing monopoly do in the short run if its xed costs increased? 0 Reduce price to sell more output 0 Keep price and output the same 0 Raise price to cover increased costs 0 Shut down A wheat seed dealer has a cost funtion: C = 100 + 40Q + Q2. Inverse demand is: P = 400 - 2Q. What output maximizes profit? O 60 O 120 O 100 O 80A wheat seed dealer has a cost funtion: C = 100 + 40Q +Q2. Inverse demand is: P = 400 -2Q. What price maximizes profit? O 300 O 260 O 280 O 320A wheat seed dealer has a cost funtion: C = 100 + 40Q +Q2. Inverse demand is: P = 400 -2Q. Maximum profit is: O 11,700 O 17,100 O 10,100 O 10,700