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Monopoly Problem Set Price [----,,;* ,, -_- _ -_- - --- -_ -- - -- - -- -_, --- - -- - -- - --

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Monopoly Problem Set Price [----,,;* ,, -_- _ -_- - --- -_ -- - -- - -- -_, --- - -- - -- - -- 200% ' - ' -- 427 - 1. Fill in the columns above. 2. On the back, on one set of (well-labeled) axis graph the demand curve, the marginal. revenue curve, the marginal cost 9mg and the average total cost curve ' 3. Using your graph, nd the prot maximizing level of output and price. 4. Find the prot maximizing level of output for the monopolist, using Economic Prot om the table. 5. The prot maximizing level of output is 6. The prot maximizing price is 7. The prot maximizing level of prots 8. Clearly show the area on the graph that represents these prots

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