Question: a)Fill the table b)What is the optimal output for the monopoly? What are the maximum profits? Quantity FC VC TC MC P TR MR Profits
a)Fill the table
b)What is the optimal output for the monopoly? What are the maximum profits?
Quantity FC VC TC MC P TR MR Profits
0 40 40
2 70 38
4 90 36
6 98 34
8 104 32
10 110 30
12 120 28
14 134 26
16 154 24
18 184 22
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