Consider a monopolist with the given costs and facing the given demand curve. Total revenue and marginal revenue are also given. Under these conditions, what price will the firm charge in order to maximize profit? Cost Curves Demand Curve Q Total Cost MC O P TR MR $100 0 1 110 $10 1 $80 $80 $80 2 125 $15 2 $75 $150 $70 3 145 $20 3 $70 $210 $60 4 170 $25 4 $65 $260 $50 5 200 $30 5 $60 $300 $40 6 235 $35 6 $55 $330 $30 7 275 $40 7 $50 $350 $20 8 320 $45 8 $45 $360 $10 9 370 $50 9 $40 $360 $0 10 430 $60 10 $35 $350 ($10) O $30 O $60 O $300 O $40