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1) Google is a monopolist in the search advertisement market and faces the following demand curve and cost structure: Price Quantity Demanded Total Cost (Dollars)

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1) Google is a monopolist in the search advertisement market and faces the following demand curve and cost structure: Price Quantity Demanded Total Cost (Dollars) (Clicks [ Dollars) 5 0 1,000,000 4 500,000 1,200,000 3 1,000,000 1,800,000 2 1,500,000 2,600,000 1 2,000,000 3,600,000 0 2,500,000 5,000,000 A) Complete the following table: Quantity Total Revenue Marginal Revenue Marginal Cost Profit (Clicks) Dollars) Dollars) [Dollars) (Dollars) 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 B) What is the price and quantity that Google will choose to maximize is profits

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