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Plzz help need urgent 10 marks questions Part II. Short Answers (Each Question = 10 Marks) Q-6. Following are a Monopolist's Cost and Demand data.

Plzz help need urgent 10 marks questions

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Part II. Short Answers (Each Question = 10 Marks) Q-6. Following are a Monopolist's Cost and Demand data. Complete the table. Quantity Price Total Marginal Average Total Marginal Profit (+) (Average Revenue Revenue Total Cost Cost or Revenue) (TR) (MR) Cost (TC) (MC) Loss (-) (ATC) 0 16 $10 1 $15 $30.00 2 14 15.50 13 10.67 4 12 8.25 11 6.80 6 10 6.00 5.57 8 CO 5.25 9 7 5.00 10 4.80 Draw the relevant curves and answer questions: MR 20 (a) Profit Maximizing output? 15 12 (b) This output will sell at a price 10 (c) What is the Profit at this output? 5 Quantity 8 10

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