Question: Need help with the screenshot below. All information needed in answering the questions on the paper can be found within the screenshot. If you need

Need help with the screenshot below. All information needed in answering the questions on the paper can be found within the screenshot. If you need any more information, please do not hesitate to let me know. Thanks!

M 2020FA-ECON-2302-81003 (2 X ACFrogDrapeqXIR8QRu80T65 C A doc-0g-as-apps-viewer.googleusercontent.com/viewer/secure/pdf/Ohc8mtqqtf468hk801qokn383lv8rdr4/s3p70n2vt25n5en4qkid9fa3np4h4b36/1604974575000/gmail/13569470965582472073/ACFrogDrapeqXIR8QRu80T652wpSFRko3GdU2uexOwd6EXVxQdaQzmr6N2gYL7hJDFhoJJppHV-DDMkZVcVdONBsInNSdvsLt.. *J Paused Question 1 - 11 points You are given with the following table for a monopoly firm. Please complete the table and find out the profit maximizing point - the quantity and price. Which approach did you use? Quantity Price Total Marginal Total Cost Marginal Revenue Revenue Cost Profit 0 16 25 2 15 A W 1 14 35 41 13 12 45 5 47 11 49 6 7 10 9 8 8 65 79 100 Question 2 - 4 points Consider the cereal industry - it is an oligopoly market structure. Kellogg has 22% market share, General Mills has 15% market share, Post has 18% market share, Quaker Oats has 9% market share, Pepsico has 14% market share, Nestle has 10% market share and the rest of the companies have 12% shares. Calculate the concentration ratio for the industry and identify the key players in the industry

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