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ord equinox - - Holden-Equinc P Copy of US II F Worcester Stat Bb Classes 4/28 & Bb Assignmen X ity.worcester.edu/bbcswebdav/pid-1785792-dt-content-rid-24266015_1/courses/EC110_04_SP_2020/Assignment4MicroWSU 3. [20pts] Poland Springs

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ord equinox - - Holden-Equinc P Copy of US II F Worcester Stat Bb Classes 4/28 & Bb Assignmen X ity.worcester.edu/bbcswebdav/pid-1785792-dt-content-rid-24266015_1/courses/EC110_04_SP_2020/Assignment4MicroWSU 3. [20pts] Poland Springs has the rights to the last source of fresh spring water. Therefore, they have a monopoly in the market for fresh bottled water. Use the information in the below table to answer the following questions. Price Quantity Total Variable Total Marginal Marginal Profit per of bottles Cost Cost Revenue Revenue Cost bottle (per hour) (dollars per hour) 10 0 1.0 1 1.5 8 2 2.5 3 5.5 6 4 10.5 5 5 17.5 4 6 26 3 7 35 2 8 45 9 56.5 0 10 70 a. Use the numbers in the table to obtain the other values you need for profit maximization. (2pts) What are the fixed costs in this flood fined e

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