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Consider the following Quantity, Price, and Total Cost schedule for a single price monopolist Price per unit Quantity Total Revenue Marginal Revenue Total Cost Marginal

Consider the following Quantity, Price, and Total Cost schedule for a single price monopolist

Price per unit Quantity Total Revenue Marginal Revenue Total Cost Marginal Cost Average Total Cost
10 0 100
8 100 300
6 200 700
4 300 1300
2 400 2100
0 500 3100

Complete the table and show the monopolist graphically; assume standard "U" shaped cost curves instead of the specific costs from the table

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