Question: I need help with this question 2. You are a monopolist facing the following demand schedule. You produce an output at a constant average and

I need help with this question

2. You are a monopolist facing the following demand schedule. You produce an output at a constant average and marginal cost of $12. Price Quantity $20 1 18 2 16 3 14 4 3. Calculate marginal revenue (MR) for each level of output. b. Find the profit-maximizing price and quantity. c. How much economic profit will you earn

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