Question: education.com%252F#/activ 4, Monopoly: For grades Saved The table below presents the demand schedule and marginal costs facing a monopolist producer. P ($) TR ($) MR


education.com%252F#/activ 4, Monopoly: For grades Saved The table below presents the demand schedule and marginal costs facing a monopolist producer. P ($) TR ($) MR ($) MC ($) 8. 1 1 1 7.1 2 2 6. 1 3 3 5 .1 4 4 4.1 5 5 3.1 6 6 2.1 7 7 1.1 8 8 a. Fill in the total revenue and marginal revenue columns. Instructions: Round your answers to two decimal places and include a negative sign if appropriate. Leave no cells blank. Enter 0 if appropriate. b. What is the profit-maximizing level of output? Instructions: Round your answer to the nearest whole number. units. c. What price will the monopolist charge for the quantity in part (b)? Instructions: Round your answer to the nearest whole numb $1 I per unit
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