A monopolist faces a constant-elasticity demand curve given by Q = 2025 P –3 I 2 and has total costs given by TC = 10 Q where I is per capital income and is 10. Then, the profit-maximizing level of output is:

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.