\fb) In your answer Quantity Price TR AR MR document, reproduce and $109.80 $0 fill in the revenue table $106.80 $106.80 $106.80 shown here. Show two $103.80 $103.80 $100.80 decimal places. $100.80 $100.80 $94.80 $97.80 $391.20 $88.80 c) Given the cost structure $94.80 $474.00 $82.80 seen in part (a) above and $91.80 $550.80 $76.80 the demand seen in part $88.80 $621.60 $88.80 (b), what is the monopolist's B $85.80 $686.40 $85.80 profit maximizing price and $82.80 $745.20 $82.80 quantity? 10 $79.80 $798.00 $79.80 $52.80 d) Calculate the monopoly profit. Will the business shut down in the short-run? e) You are considering whether to buy a firm which has market power. One analyst tells you that the firm will earn at least one hundred dollars more than the amount you calculated in part (d) above. You have several years of profit data. Specify null and alternate hypotheses which will allow the data to prove that this would be a good purchase. f) Suppose the measured average of profit for the firm is in the 1% rejection region of the test. Describe your conclusion both in terms of the hypotheses and whether the business would be a good purchase. g) Suppose the measured average of profit for the firm is not in the 1% rejection region of the test. Describe your conclusion both in terms of the hypotheses and whether the business would be a good purchase