Answer Happy

A monopoly has a demand function P = 100 – 2Q. Its total cost
function is TC = 20 + 16Q.
(a) The profit-maximizing price is $[ Answer
].
(b) Continue from the previous question. The quantity produced
by the monopolist is [ Answer ] units.
(c) Continue from the previous questions. The amount of price
markup is [ Answer ]%.
(d) Suppose that there is only one restaurant in city A. The
demand faced by the restaurant is P = 73 – 3Q where Q is the number
of meals provided and can only take integer
values. The marginal cost of producing an additional unit
of food is $10. The restaurant should charge $[ Answer
]per meal.
(e) Continue from the previous question. The deadweight loss
caused by the monopolistic restaurant is $[ Answer
].
(f) A monopolist has a constant marginal cost of production. Its
total revenue function is given by the following table.
Quantity (units)
Total Revenue ($)
1
70
2
112
3
148
4
178
5
202
6
220
7
232
If the monopolist finally chooses to produce 4 units, the
marginal cost must be strictly greater than $[ Answer
].