題組內容

二、Short-answer(簡答題)(25 分)
Consider a market with a market demand P = 150 - Q. Answer the following      independent      questions.

(a) If this market is monopolized by only one firm and this firm has a cost function \( TC(Q) = 60Q \), what price and quantity will this firm set if this firm adopts single-pricing strategy? (4 分)