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QUESTION 48 Table 4 Total Marginal Price Quantity Revenue Revenue $35 1 $35 2 $64 $29 $29 3 4 $17 $23 5 $11 6 $120 $17 7 -$1 8 -$7 19 $99 -$13 Refer to Table 4, If the monopolist sells eight units of its product, how much total revenue will it receive from the sale? $40 $108 $112 $164 Table 4 Total Marginal Price Quantity Revenue Revenue $35 1 $35 2 $64 $29 $29 3 4 $17 $23 15 $11 6 $120 $17 7 8 19 $99 $13 Refer to Table 4, Assume this monopolist's marginal cost is constant at $10, What output quantity will it produce, and what price will it charge? Q - 4. P. $26 Q = 4. P- $26 Q- 5 P - 523 0 0 -7. P- 517 Total Marginal Price Quantity Revenue Revenue $35 1 $35 2 $64 $29 $29 13 4 $17 $23 5 $11 6 $120 $17 7 -$1 co -$7 9 $99 -$13 Refer to Table 4 Assume this monopolist's marginal cost is constant at $10. What is the maximum amount of profit made by this single- price monopolist if there is no fixed cost? $100 $104 $115 565