P= 1200 - 6q (demand curve for the monopoly)
c = 8600 + 20q + q2 (total cost function for the monopoly)
mc = 20 + 2q (marginal cost function for the monopoly)

(round all answers to two decimal places)
to maximize profit, the monopolist should produce units of output.
the company's profit -maximizing price is $
the monopolist's profit is $

suppose the government imposes a specific tax of $200 per unit on the monopolist. to maximize profit, the monopolist should now produce units of output. when the tax is imposed, the monopolist's profit-maximizing price becomes $ as a result of the tax, the monopolist raises its price by (choose one: more than the tax/the same amount as the tax/less than the tax).

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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