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Compute the monopolist profit

Question: Demand for microprocessors is given by P=35-5Q, where Q is the quantity of microchips (in millions). The typical firm`s total cost of producing chips is Ci=5qi, where qi is the output of firm i.

a. Suppose that one company acquires all the suppliers in the industry and there by creates a monopoly. What are the monopolist`s profit maximizing price and total output?

b. Compute the monopolist`s profit and the total consumer surplus of purchasers.

Please clarify this question.

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Macroeconomics: Compute the monopolist profit

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