What is the total fixed cost for monopoly

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Consider a single 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-.4Q(^)(2).

What is the total fixed cost for this monopoly?

Reference no: EM131213307

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What is the total fixed cost for monopoly : Consider a single 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-.4Q(^)(2). What is the total fixed cost for this monopoly?
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