1. Complete the table for this monopoly: Q 0 100 200 300 400 500 600 700 800 900 1000 E\" P $ 100 $90 $80 $70 $60 $50 $40 $30 $20 $ 10 0 Note: In the table above the MC and MR columns should be in-between the rows. TR AR $2000 $5000 $8000 $ 11,000 $ 14,000 $ 17,000 $20,000 $23,000 $26,000 $29,000 $3 2,000 What is the profit maximizing price and quantity? Graph the AR, Demand, MR, and MC curves. On your graph identify the profit maximizing price and quantity. If total cost were increased from $2000 to $3000, would this change the profit maximizing price and quantity? If yes, why? If no, why? If the government regulated this monopoly requiring it to produce the socially optimal quantity, g :o MC 30 30 30 30 30 30 30 30 30 30 Profit how many units would it produce, what price would it charge, and what will the profit be