Suppose a monopolist is characterized as? follows:
P? = 1200-6Q Curve for the monopolist
C? = 8600? +32Q? + Q^2 total cost function for the monopolist
MC ? =32 ?+ 2Q marginal cost function for the monopolist
A. To maximize its? profit, the monopolist should produce ________ units of output. ?(Enter your response rounded to two decimal? places.)
B. The? company's profit-maximizing price is ?$________. ?(Enter your response rounded to two decimal? places.)
C. The? monopolist's profit is ?$________. ?(Enter your response rounded to two decimal? places.)
D. Suppose the government imposes a specific tax of ?$100 per unit on the monopolist. To maximize? profit, the monopolist should now produce________- units of output. ?(Enter your response rounded to two decimal? places.)
E. When the tax is? imposed, the? monopolist's profit-maximizing price becomes ?$_______. ?(Enter your response rounded to two decimal?places.)
F. As a result of the? tax, the monopolist raises its price by ___________
A. less than the amount of the tax
B. more than the amount of the tax
C. the same amount as the tax