1. A return appearance from Homework 9: In 1986 a patent was granted for a greenhouse helmet ( https://www.wipo.int/patents/en/2018 patent picks.html #5 in this article). The patent gives the inventor the sole right to produce these greenhouse helmets. The inverse demand for the greenhouse helmets is P = 200 - Q. The company's costs are TC-2000+Q and MC-2Q. 200-20 = 20 Q - 50; P-SI50 300 – 4Q = 20 Q = 50; P=$200 !! 300 MC MC 275 250 250 225 225 ATC ATC 200 p00 175 175 Sso 150 125 125 100 100 75 75 50 50 D1 D2 25 MR1 25 MR O 25 50 75 100 125 150 175 200 225 a Greenhouse Helmets 25 50 75 100 125 150 175 200 225 Greenhouse Helmets Calculate the markup in this case. Calculate the markup in this case.

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