Question

A monopolist faces the following demand curve, marginal revenue curve, total cost curve and marginal cost...

A monopolist faces the following demand curve, marginal revenue curve, total cost curve and marginal cost curve for its product: Q = 200 - 2P
MR = 100 - Q   
TC = 5Q MC = 5   
a. What is the profit maximizing level of output?
b. What is the profit maximizing price? c. How much profit does the monopolist earn?

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