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QUESTION 2 Table 1 shows the quantity and price that form a monopolist's demand curve. Table 1 Marginal Total Cost Marginal Total Revenue (TC) Cost Profit (M Cl a) By using the information in Table 1, fill up the columns of Total Revenue (TR), Marginal Revenue (MR), Marginal Cost (MC), and Total Prot. (Prepare your answers in the form of a table). {14) b) Find the total xed cost (TFC). l2) 1:) Determine the level of price and output that maximises the monopolist's total profit. (4)