(a) Suppose the demand faced by a monopolist is given by Q = –2P + 180. The marginal cost of the monopolist is MC = Q. T

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(a) Suppose the demand faced by a monopolist is given by Q
= –2P + 180. The marginal cost of the monopolist is MC = Q.
The profit-maximizing quantity is [ Answer
].
(b) Continue from the previous question. The price it
should charge is $[ Answer ].
(c) Continue from the previous questions. The consumer
surplus is $[ Answer ].
(d) A monopolist has a constant marginal cost of $21 and
faces a demand given by the following table.
Quantity Demanded (Units)
Price ($)
1
56
2
49
3
42
4
35
5
28
6
21
7
14
8
7
The monopolist’s profit-maximizing price is $[ Answer
].
(e) A monopolist's marginal revenue is given by MR = 40 –
4Q. When the price is $20, the quantity demanded is [
Answer ] units.