1.A monopolist faces inverse demand P = 300 - 2Q and has total cost TC = 60Q + 2Q 2 and marginal cost MC = 60 + 4Q.What is the maximum profit the
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1.      A monopolist faces inverse demand P = 300 - 2Q and has total cost TC =

60Q + 2Q2 and marginal cost MC = 60 + 4Q. What is the maximum profit the monopolist can earn in this market?

A) 60

B) 240

C) 1200

D) 3600

E) None of the above



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