Question: Complete the following table: (6 marks) TFC TVC TC AFC AVC ATC MC 200 50 70 80 100 140 5) Suppose that a monopolistic firm

Complete the following table: (6 marks) TFC TVC TC AFC AVC

Complete the following table: (6 marks) TFC TVC TC AFC AVC ATC MC 200 50 70 80 100 140 5) Suppose that a monopolistic firm produces lollipops. The table below shows the quantities of lollipops that can be sold at various prices a) Use the information given to complete the table: (6 marks) Quantity of Price of Total Marginal lollipops lollipops Revenue revenue 100 2 90 3 80

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