QUESTION 1 Common Grounds is the only seller of lattes in town. The table shows the market demand for cappuccinos 1. Fill in the missing spaces of the table P TR MR TC 0 4.50 O N.A. 0 4.00 4.00 2 3.50 7.00 3 3.0 6.00 6 2.50 10.00 5 2.00 10.00 10 6 1.50 9.00 12 QUESTION 2 2. If the firm can only charge one uniform price, it should produce units to maximize the profit, and the maximazied profit is (Hint: find the Q that makes MR=MC.) QUESTION 3 3. If this firm practices perfect price discrimination, the firm should produce units. The consumer surplus in the market now is (Hint: the firm should keep producing as long as Price z MC)