Consider a Monopoly Where the Inverse Demand for Its Product

Multiple Choice

Consider a monopoly where the inverse demand for its product is given by P = 50 − 2Q.Total costs for this monopolist are estimated to be C(Q) = 100 + 2Q + Q².At the profit-maximizing combination of output and price,monopoly profit is:

A) $32.
B) $64.
C) $92.
D) $128.