Suppose that a monopolist's inverse demand curve can be expressed as:
P = 10,000 + 100Q - 10Q²
The monopolist's total cost curve is:
TC = 5,000Q
a. Use calculus to determine the monopolist's marginal revenue curve.
b. Use calculus to determine the monopolist's marginal cost curve.
c. What is monopolist's profit-maximizing level of output?
d. What price should the monopolist charge to maximize its profit?

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The Answer of Suppose that a monopolist's inverse demand curve can be expressed as: P = 10,000 + 100Q - 10Q² The monopolist's total cost curve is: TC = 5,000Q a. Use calculus to determine the monopolist's marginal revenue curve. b. Use calculus to determine the monopolist's marginal cost curve. c. What is monopolist's profit-maximizing level of output? d. What price should the monopolist charge to maximize its profit?

Suppose That a Monopolist's Inverse Demand Curve Can Be Expressed