Nike operates a large factory in a small town in Vietnam. Nike is the only firm hiring manufacturing labor for 100 miles. Because of this, Nike can set low wages. Nike is acting as a monopolist O ologopolist O competitor O monopsonistThe graph shows the demand curve for cable television. Assume that monopoly conditions apply. Demand What is the firm's total revenue when selling cable television 13 to 6 houses? 12 Price ($) total revenue: $ What is the firm's marginal revenue from selling cable television to the 13th house? 0 5 6 12 13 Quantity (houses) marginal revenue: $