Hot Air Balloon Rides is a single-price monopoly. Columns 1 and 2 of the table set out the market demand schedule and columns 2 and 3 set out the total cost schedule. Now suppose that the government places a fixed tax on Hot Air's profit of $50 a month. Calculate Hot Air's new profit-maximizing output and price. When Hot Air is producing its new profit-maximizing output, the number of rides it produces is a month and the profit-maximizing price of a ride is $. >>> Answer to 1 decimal place. Price (dollars per ride) 250 230 210 190 170 150 Quantity (rides per month) 0 1 2 3 4 5 Total cost (dollars per month) 40 130 280 470 700 970