1. Exercise 11.2 Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one large firm-Tile King. Ajax produces a multiheaded tunnel wall scrubber that is similar to a model produced by Tile King. Ajax decides to charge the same price as Tile King to avoid the possibility of a price war The price charged by Tile King is $20,000. Ajax has the following short-run cost curve: TC 800,000-5,0000+250 What is the marginal cost (MC) curve for Ajax? 800,000 - 5,000+250 O-5,000+500 O-5,0000+500 -5,000+250 Given Ajax's pricing strategy, what is the profit-maximizing level of output for Ajax? Ajax's total dollar profit at this output level is S