Question: Please explain in detail why the answer is correct and if needed, show any mathematical steps as well. Table: Monopolist Output Total Revenue Marginal Cost

Please explain in detail why the answer is correct and if

Please explain in detail why the answer is correct and if needed, show any mathematical steps as well.

needed, show any mathematical steps as well. Table: Monopolist Output Total Revenue

Table: Monopolist Output Total Revenue Marginal Cost $20 $10 50 10 10 80 10 85 10 88 10 90 10 Refer to the table. What is the monopolist's profit- maximizing level of output? 0 6 er 0 4 O 3 d 9 5

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