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please see pictures Question 12 (1 point) Refer to the table below. This information reflects the demand curve and the average cost curve for a

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Question 12 (1 point) Refer to the table below. This information reflects the demand curve and the average cost curve for a firm that is a natural monopoly. What will this firm's profits equal? Price Quantity LRAC Demanded $13 1 $10.50 $11 2 $9.75 $9 3 $9.50 $7 4 $9.625 $5 5 $10.30 (a) $2 50 (b) $1.50 O c) $1 25 O d) $0 50Question 4 (1 point) Given the data provided in the table below, what will the marginal revenue equal for production at quantity (Q) level 4? O P TC TR MR MC Profit $5 $9 1 $5 $10 2 $5 $12 3 $5 $15 4 $5 $19 5 $5 $24 6 $5 $30 7 $5 $45 (a) $15.00 ( b) $1,00 c) $5.0 ( d) $20.00(Q) level 7? Given the data provided in the table below, what will the amount of profit be for production at quantity P TC TR MR MC Profit $5 $9 1 $5 $10 2 $5 $12 3 $5 $15 $5 $19 5 $5 $24 $5 $30 7 $5 $45 (a) $1.00 (b) zero O c) - $10.00 Od) -$5,0

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