You are a manager of a mo

You are a manager of a mo

You are a manager of a monopolistically competitive firm, and your demand and cost functions are given by Q=36-4P and C(Q)=124-16Q+Q^2A.) Determine the inverse demand function.Which I found to be P=9-.25QNow part B asks Determine the profit maximizing price and level of productions. *Price should be rounded to the nearest penny. I keep getting 16 as quantity and 5 and price. Apparently that is wrong. Can anyone explain to me how to do this?also Part C Calculate your firms max profits.

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