Equilibrium in Monopoly

Jimmy makes decorative ceramic tiles with Victorian designs. He is the only supplier of these handcrafted tiles. The tables below show the daily demand schedules and total cost figures for his tiles. (Include answers with explanation)

(b)If Jimmy is a single-price monopoly, what are his profit maximizing price and output? Calculate also his profit.

(c)At the profit maximization output, is the market efficient? Explain.

(d)Suggest two methods Jimmy can use to increase his sales and profit. Explain your answer.