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Please provide the calculations/justifications for all questions. Use the following table to answer the following questions. Demand: Quantity 2 3 4 5 6 7 8

Please provide the calculations/justifications for all questions.

Use the following table to answer the following questions. Demand: Quantity 2 3 4 5 6 7 8 10 Price 10 9 8 7 6 5 4 3 2 Marginal Revenue 10 8 6 4 2 0 -2 -4 -6 -8 Costs: Marginal Cost 9 6 5 3 2 3 4 5 7 10 Average Cost 9 7.5 6.7 5.8 5 4.7 4.6 4.6 4.9 5.4

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