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Need help! Iz Instructions Question 5 1 pts (1 pt) Given the information in the table below for a monopoly, please calculate the firm's maximum

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Iz Instructions Question 5 1 pts (1 pt) Given the information in the table below for a monopoly, please calculate the firm's maximum profit. Please show me your work. Profit = TR - TC AVC = VC /Q TR = P x Q ATC = TC / Q TC = FC + VC MR = change in TR / change in Q MC = change in TC / change in Q Hint: Remember ATC =TC/Q : can be rearranged as TC =ATC*Q You need to determine optimal output and price from the table first before any calculation. Q Price ($) MR ($) ATC ($) MC ($) G_3083.jpg MacBook Pro(30635/quizzes/53906/take/questions/1387275 Remember ATC -TC/Q : can be rearranged as TC -ATC*Q You need to determine optimal output and price from the table first before any calculation. Q Price ($) MR ($) ATC ($) MC ($) 200 30 180 180 4 2 60 160 140 3.66 3.33 90 140 100 4.55 6.33 120 120 60 6.33 11.66 150 100 20 9.33 21.33 Edit View Insert Format Tools Table 12pt Paragraph MG_3083.jpg MacBook Pro

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