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Eddie's Energy is a power company that has monopoly power. Calculate the total profits (P) for this monopoly at Q = 4 . Quantity (Q)

Eddie's Energy is a power company that has monopoly power. Calculate the total profits (P) for this monopoly at Q = 4 . Quantity (Q) Marginal Revenue (MR) Marginal Cost (MC) Marginal Profit (MP) Total Profit ( ) 1 800 300 500 ? 2 600 250 350 ? 3 450 175 275 ? 4 325 125 200 ? 5 155 175 20 ? 6 0 200 200

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