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1) Your food-services company has been named as the monopoly provider of meals at a small university. The cost and demand schedules are: Table 1

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1) Your food-services company has been named as the monopoly provider of meals at a small university. The cost and demand schedules are: Table 1 Total Price per Total Variable Total Sold per Day Meal Fixed Cost Cost Revenue 0 $3.50 $200 $0 $0 100 $3.25 $200 $300 $325 200 $3.00 $200 $550 $600 300 $2.75 $200 $600 $825 400 $2.50 $200 $750 $1000 500 $2.25 $200 $830 $1125 600 $2.00 $200 $905 $1200 700 $1.75 $200 $995 $1225 a. Refer to Table 1. The marginal cost between 100 and 200 meals per day is b. Refer to Table 1. The marginal cost between 300 and 400 meals per day is c. Refer to Table 1. Assuming the firm is a single-price monopolist, the marginal revenue between 100 and 200 meals per day is d. Refer to Table 1. For a single-price monopolist, the profit-maximizing price and number of meals per day is best approximated by e. Refer to Table 1, and suppose that the firm is a single-price monopolist. If the firm provided 700 meals per day, total daily profits would be f. Refer to Table 1, and suppose that the firm is a single-price monopolist. The level of output at which losses are present is between what output levels. g. Refer to Table 1. If the firm were to shut down in the short run its losses per day would be

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