Consider a monopolist where the market demand curve for the produce is given by P = 520 2Q. This monopolist has marginal costs that can be expressed as MC = 100 + 2Q and total costs that can be expressed as TC = 100Q + Q2 + 50. a. Given the above information, what is this monopolists profit maximizing price and output if it charges a single price? b. Given the above information, calculate this single price monopolists profit. c. At the profit maximizing quantity, what is this monopolists average total cost of production (ATC)?

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