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10 a. Complete the table below, which shows the costs and revenues of Solo the monopolist. (You may assume that the demand curve is a
10 a. Complete the table below, which shows the costs and revenues of Solo the monopolist. (You may assume that the demand curve is a straight line.) Leave no cells blank - be certain to enter "0" wherever required. Quantity per Period 8 9 10 7 6 5 4 3 0 1 2 Price 1 $32 28 20 $ TR / 120 $ MR / MC $8 7 6 5 6 7 8 9 10 12 TC $66 74 81 87 92 98 105 113 122 132 144 b. What are the values of the profit-maximizing output, price, and total profit or loss? + Output: Price: $ Total (Click to select): $ c. At what output will total revenue be maximized, and what will be the value of total revenue? Output (units):
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