1. Fill in the missing data on a monopolist, with fixed costs of $10, in the following table:
   1. At what quantity will the monopolist produce to maximize profits? What will be the price at this level of output? What will be the profits?

Quantity	Price	Total Revenue	Marginal Revenue	Marginal Cost	Average Total Cost
1	11				18.00
2	10				11.00
3	9				7.67
4	8				7.00
5	7				6.60
6	6				7.00
7	5				8.00

A ) At what quantity will the monopolist produce to maximize profits? What will be the price at this level of output? What will be the profits?

B) What quantity maximizes total revenue? Why is this not the profit-maximizing quantity?