A single firm produces widgets, with a cost function and inverse demand function as follows, C(q) : XXXXXXXXXX:; P(Qd) : 10 — 008Qd,  (a) Calculate the monopolist’s profit—maximizing price,...

A single firm produces widgets, with a cost function and inverse demand function as follows,
C(q) : 150 + 2:; P(Qd) : 10 — 008Qd,

(a) Calculate the monopolist’s profit—maximizing price, quantity, and profit if he can charge a single
price in the market (single price monopolist)  (b) Suppose the firm can perfectly price discriminate; calculate the monopolist’s profit