Please provide steps
(See attached file for full problem description) --- 8. A monopolist's Demand function is P=1624-4Q and its Total Cost function is TC=22,000+24Q-4Q2 +1/3Q3, where Q is output produced and sold. a) At what level of output and sales (Q) and price (P) will Total Profits be maximized? b) At what level of output and sales