A monopolist has demand and cost curves given by: &nbs… 1 answer below »

A monopolist has demand and cost curves given by:

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QD = 8,000 – 40P

                    
TC = 400 + 100Q + 0.1Q2

Fill in Multiple Blanks

If rounding is required, round your answer to the whole
number (i.e., do not show the decimal places). Enter the numerical
value only, do not enter any symbols ($, €, %,
etc.).

The monopolist’s profit-maximizing quantity is _____ units and
price is $ ____

At these price and quantity, the monopolist’s profit is $
._____