Question: Question 9 (2 points) Output (Q) Price (P) Total Cost $14 $2 1 12 6 2 10 8 3 8 12 4 6 20 5

Question 9 (2 points) Output (Q) Price (P) Total Cost $14 $2 1 12 6 2 10 8 3 8 12 4 6 20 5 4 35 If this is a profit maximizing monopolist, how much marginal revenue will they earn when they increase the quantity to 4? O2 24 Oo O 14

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1. What is the meaning of the information we are collecting?

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2. What types of information are we collecting?