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The following Table 2 summarises the conditions for each monopolist. (a) Calculate the missing numbers for each monopolist. Recreate the table in your answer booklet. (7 marks) (b ) For each of the following three operational decisions, determine which of the monopolists (only ONE monopolist to be chosen for one operational decision, that is, Monopolist A, B, C or D) should make such a decision and explain why a particular decision is reached: (i) To continue producing at the same level of output; (ii) To increase output; (iii) To shut down. (3 marks) Table 2. Monopolist P MR TR Q TC MC ATC AVC A 11 8 20 200 5 9 B 100 1.5 2.5 C 2 200 2 7 5 D 8 10 70 5 7 6