1. (20 points) The table below shows the costs and revenues of a monopolist producer of specialist luxury rough terrain cars. Quantity AR TR MR AC TC MC (cars/day) (000s) (000s) (000s) (E000s) (000s) (E000s) 1 100 110 2 95 90 3 90 80 4 85 75 5 80 74 6 75 76 7 70 81 (a) (10 points) Fill in the missing figures for TR, MR, TC, and MC (b) (6 points) At what daily output of cars will the monopolist maximize profits? Explain (Note: the quantity must be an integer/ whole number) (c) (4 points) How much (maximum) profit will be made