You are the manager of a monopoly, and your analysts have estimated your demand and cost functions as P=3003Q and C(Q)=2,000+2Q2, respectively. a. What price-quantity combination maximizes your firm's profits? Instructions: Round your response to the nearest penny (two decimal places). Price: $ Quantity: units b. Calculate the maximum profits. Instructions: Round your response to the nearest penny (two decimal places). $ c. Is demand elastic, inelastic, or unit elastic at the profit-maximizing price-quantity combination? Inelastic Unit elastic d. What price-quantity combination maximizes revenue? Instructions: Round your response to the nearest penny (two decimal places). Price: \$ Quantity: units e. Calculate the maximum revenues. Instructions: Round your response to the nearest penny (two decimal places). $ f. Is demand elastic, inelastic, or unit elastic at the revenue-maximizing price-quantity combination? Unit elastic Inelastic Elastic