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03_Monopoly Now assume that the typical firm operates as a monopolist that faces the demand function P=72-0.5Q. Question 46 (1 point) What is the monopolist's

03_Monopoly Now assume that the typical firm operates as a monopolist that faces the demand function P=72-0.5Q. Question 46 (1 point) What is the monopolist's marginal revenue function? O MR=72-0.25Q O MR=72-Q O MR=72-2Q O MR=72-4Q Question 47 (1 point) What profit maximizing quantity does the monopolist choose? 0 3 0 4 0 5 0 6Question 48 (1 point) What is the profit maximizing price? Question 49 (1 point) What is the monopolist's profit? Question 50 (1 point] What is the point price elasticity of demand at the profit maximizing price? 0 -3 Q -10

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