Suppose that global dem and for the rabies shots is gi ven by: Q = 36 – 6 * P where Q is the dem and in billions of units. Suppo se further that the firm DOGGO holds a pa tent on the only effective rabies shot. DOGGO’s total cost function (in billi ons of dollars) for produ cing Q shot doses is: C = 5 + 3 * Q Assuming that the patent grants DOGGO a monopoly on the global rabies shots market: How many doses will DOGGO choose to produce? At what price will DOGGO sell its shots?

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