You are the manager of a monopoly. Your analytics department estimates that a typical consumer's inverse demand function for your firm's product is P= 450-40Q, and your cost function is CQ)=290Q a. Determine the optimal two-part pricing strategy. Per-unit fee: $[ Fixed fee: $1 b. How much additional profit do you earn using a two-part pricing strategy compared with charging this consumer a per-unit price?

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