8:05 < Back Assignment_3_F-21.doc 10 570 LTE What is the price charged? b. What level of output should the company produce? c. What price will the company Cory charge? d. How much total profit or loss will the company receive at the profit-maximizing level of output? Question 6 (6 Marks, 3 each question: TR and MR) A Pharmaceutical Company produces a new daily hairball remedy in pill form its demand schedule is given in the table below. Complete the table by computing total revenue and marginal revenue. QdPrice AR Total Revenue Marginal Revenue $518 5481 2 5444 3 5407 14 5370 5 5333 6 $296 13. $259 $225 X 9 5185 10 5148 12 $74 537 14 50 Question 7 (6 Marks, 3 each question) Fim A (4) High production 536 540 0 $30 09 $40m 53 $36m Find the Nash Equilibrium? What is the Dominant strategy? 7