suppose the inverse demand function for a monopolist's production is given by p=270-2.5Q and the total cost function is

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answerhappygod
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suppose the inverse demand function for a monopolist's production is given by p=270-2.5Q and the total cost function is

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suppose the inverse demand function for a monopolist's production is given by p=270-2.5Q and the total cost function is TC=500+30Q+3.5Q^2 so that it’s marginal cost is MC=30+7Q.
Determine the marginal revenue as a function of Q.
determine the profit-maximizing price and quantity.
Determine the maximum profits.
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