Question: Question 2 (16 points) Complete the following table for a monopolist firm. Quantity Price Total Revenue Average 50 Marginal Revenue Revenue 50 90 40 35

Question 2 (16 points) Complete the following table for a monopolist firm. Quantity Price Total Revenue Average 50 Marginal Revenue Revenue 50 90 40 35 120 VO UI D W N 30 20 160 25 150 20 8 IMO 15 120 -20 10 90 -30 10 S 5 If this firm's marginal cost is fixed and equal to 10, how much units should it produce to maximize its profit

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