Question 2 In the table below are cost and demand data for a monopolist. Quantity Marginal Average Marginal demanded Price revenue total cost cost 535.00 32.00 5 32.00 548.00 $48.00 29.00 26.00 30.00 12.00 26.00 20.00 23.34 10.00 23.00 14.00 21.00 14.00 20.00 8.00 20.00 16.00 17.00 2.00 19.50 17.00 14.00 -4.00 19.28 18.00 11.00 -10.00 18.68 18.50 8.00 -16.00 18.72 19.00 Using the information in the table to answer to following questions