pls send me answer of this question of both parts in details and i will rate you. 24The table below shows the marginal revenue and costs for a monopolist.Demand, Costs, and RevenuesPrice(dollars)QuantityDemanded150250350450550650$847668605244Marginal Revenue(dollars)$8464units4832160Marginal Cost(dollars)$25se48942946Average Total Cost(dollars)$139.00103.3087.5089.0078.0073.00Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign.a. What is the monopolist's profit-maximizing level of output?b. What is the monopolist's profit at the profit-maximizing level of output?HelpSav

A monopolist is a market participant that has exclusive control over the production and sale of a…

The table below shows the marginal revenue and costs for a monopolist. Demand, Costs, and Revenues Price Quantity (dollars) Demanded $84 150 250 76 68 60 52 44 350 450 550 650 units Marginal Revenue (dollars) $84 64 48 32 16 @ Marginal Cost (dollars) $25 50 48 94 29 46 M Average Total Cost (dollars) $139.00 103.30 87.50 89.00 78.00 WWW 73.00 Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign a. What is the monopolist's profit-maximizing level of output? b. What is the monopolist's profit at the profit-maximizing level of output?

The table below shows the marginal revenue and costs for a monopolist. Demand, Costs, and Revenues Price Quantity (dollars) Demanded $84 150 250 76 68 60 52 44 350 450 550 650 units Marginal Revenue (dollars) $84 64 48 32 16 @ Marginal Cost (dollars) $25 50 48 94 29 46 M Average Total Cost (dollars) $139.00 103.30 87.50 89.00 78.00 WWW 73.00 Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign a. What is the monopolist's profit-maximizing level of output? b. What is the monopolist's profit at the profit-maximizing level of output?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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