CHAPTER TEN: UNDERSTANDING MDNOPDLY ?. Assume that all olive groves sell their olives through one cooperative. This cooperative acts as a pure monopoly. Assu me that, at a price of $1.50 per pound, the monopoly cooperative will sell 10,000 pounds of olives. Every time the price is lowered by 5 cents per pound, another 10,000 pounds will be sold. This is shown below. Fill in the table. The ATC and MC are repeated from the previous questions that you calculated. You will not need any of the numbers that have been left blank. Quantil Price E m E 10,000 $1.50 $4.80 $ 1.20 20,000 1.45 30,000 1.40 40,000 1.35 1.50 0.40 50,000 1.30 60,000 1.25 ?0,000 1.20 80,000 1. 15 90,000 1. 10 0.80 0.24 100,000 1.05 110,000 1.00 120,000 0.95 130,000 0.90 0.65 0.30 140,000 0.85 150,000 0.80 160,000 0.75 0.60 0.40 1?0,000 0.70 180,000 0.65 0.60 0.60 190,000 0.60 200,000 0.55 0.?2 6.00