Please turn in an Excel spreadsheet and show the explication Assume a monopolist with: (a). P = 100 -40Q (b). TC = 50 +20Q Calculate the following at profit max: P, Q, TR, TC, Profit, Take a stab at calculating elasticity at profit max.

Managerial Economics: A Problem Solving Approach
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Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
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Chapter14: Indirect Price Discrimination
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Please turn in an Excel spreadsheet and show the explication

Assume a monopolist with:

(a). P = 100 -40Q

(b). TC = 50 +20Q

Calculate the following at profit max:

P, Q, TR, TC, Profit,

Take a stab at calculating elasticity at profit max.

 

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