Consider a single price monopoly that faces a market demand curve for a good is given by the equation 𝑃=100−.1𝑄 and the total cost function is given as 𝑇𝐶=1000+20𝑄+.4𝑄2.
a. What is the total fixed cost for this monopoly?
P/TC
100-0.1Q/1000+20Q+0.4Q2
10+200Q+4Q2???