A new product has a demand curve that can be expressed as 
and the monopolist that produces it has a total cost curve of 
where Q is output. Use calculus to solve for:
a. the profit-maximizing level of output.
b. the price the producer will charge to maximize its profits.
Definitions:
Evaluating Performance
The process of assessing the effectiveness and efficiency of operations, employees, or processes.
Managers
Individuals responsible for planning, directing, and overseeing the operations and employees within an organization to achieve its objectives.
Return on Investment
A metric that indicates the profit or loss incurred from an investment in comparison to the total funds invested.
Stakeholders
Individuals or groups that have an interest or stake in the performance and actions of a company, including employees, customers, suppliers, and investors.
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