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The inverse demand function for a product is P(Q) = 252 – 2Q, where P and Q denote (uniform) per-unit price and output, respectively. Each unit of the product that is produced increases a producer/seller’s total cost by 12. There are no fixed costs. Assume that output can only be adjusted in units of ten. (a) What level of output would a profit maximizing monopolist produce and what would their level of profit be?