single-price monopolist in the eye-glass frame market. It faces a Market demand given by Q=329-2P. Its Total Cost functi

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answerhappygod
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single-price monopolist in the eye-glass frame market. It faces a Market demand given by Q=329-2P. Its Total Cost functi

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single-price monopolist in the eye-glass frame market. It faces
a Market demand given by Q=329-2P. Its Total Cost function is
TC=6,407+24Q and Marginal Cost is MC=24. If the government imposes
a price ceiling of $26, what is the monopolist's PROFITS in the
SHORT-run? Enter a number only, drop the $ sign.
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