AC=QQ+200(enterequation) Assuming that Apple was maximizing short-run monopoly profit, what was its marginal revenue function? Marginal revenue (MR) was MR=60050Q(enterequation) What were its profit-maximizing price, quantity, profit, and Lerner Index? Apple's profit-maximizing price was p=$400 per unit and its profit-maximizing quantity was Q=8 million units. (Enter your responses as whole numbers.) Apple's profit () was =$800. (Enter your response as a whole number.) The value of Apple's Lerner Index (L) was L=0.5. (Enter your response rounded to one decimal place.) What was the price elasticity of demand at the profit-maximizing level? Apple's price elasticity of demand () was =2. (Enter your response as a whole number and include a minus sign.) Show Apple's profit-maximizing solution in a figure. 1.) Using the point drawing tool, indicate the monopoly's profit-maximizing price and quantity. Label this point 'e.' 2.) Using the rectangle drawing tool, shade in the monopoly's profit. Label this 'profit.' Carefully follow the instructions above, and only draw the required objects