A monopolist faces a demand curve, Q=100-2P and has a constant marginal cost of 10. It has no fixed costs. ✓ and produce Q*= If the monopolist can only charge a single price, it should charge P*= ✓ units. If the monopolist can charge a separate price for any units sold beyond Q*, then the price these additional units will lead to additional profit if it is any price in the range of ✓. A monopolist that charges a separate price for additional units is practicing price discrimination. The profit-maximizing price for the additional units is additional profit is for an arbitrary quantity of additional units, then maximize this function. ✓. Hint: Draw a picture. Think about what the

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