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v Question Completion Status: Moving to another question will save this response. Question 2 3 points Save A monopoly producer of foreign language translation software faces a demand and cost structure as given in the table below. Quantity Price TC TR MR MC ATC ($) ($) (dollars) (dollars) (dollars) (dollars) 10 $85 $530 11 80 12 540 75 13 550 70 14 560 65 15 575 60 16 595 55 625 a- What are profit-maximizing output and price? b- How much is the economic profit? Explain your answer. >Moving to another question will save this response.