Question: Please help I'm really not sure if I am doing this correctly. Thank you so much and please show any calculations that you have to

Please help I'm really not sure if I am doing this correctly. Thank you so much and please show any calculations that you have to do!

180 160 MC Price, 140 ATC costs, 120 and revenue 100 per unit 80 (dollars) 60 40 20 MR D 0 1 2 3 4 5 6 7 8 9 10 11 12 Quantity of output (units per hour) A. What is the profit maximizing/ loss minimizing quantity of output? How do you know? Explain. B. What is the maximum price the monopolist can charge? C. Is this monopolist making economic profit or economic loss? How do you know? Explain D. Show the economic profit/loss on the graph. E. Calculate the firms profit or loss. Show your calculations

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