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PRICE/COST (PER UNIT) Marginal Cost Average Total Cost Demand = Marginal Benefit Q1 OUTPUT Marginal Revenue What would the price and quantity if this monopoly produced at profit- 12 points maximizing output? MacBook Pro 14 F2 F3 F4 FS F6 F7 F8 F9 F10 @ LA A & 2 8 9Using the labeling of the graph what is the area of profit at that quantity? 12 points Your answer Using the labeling of the graph what would the area of total revenue be at 12 points that quantity? Your answer Using the labeling of the graph what would the area of total costs be at 12 points that quantity? Your answer Using the labeling of the graph what would the area of dead weight loss 13 points be at that quantity? Your answer MacBook Pro 20 F3 000 F5 F6 F7 F8 F9 % & EK 4 5If this firm wanted to maximize revenue what would the price and 13 points quantity be? Your answer If the government required the firm to produce where they are 13 points allocationy efficient, what would the price and quantity be? Your answer At that quantity would the government need to subsidize the firm, 13 points explain why or why not? Your answer Submit Never submit passwords through Google Forms. This form was created inside of Highland Park ISD. Report Abuse MacBook Pro F2 20 44 F3 F4 F5 F6 F7 FB F9 F10 LA A 5 8 9