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Question 4 In the following table are demand and cost data for a monopolist. 4.1 Complete the table by filling in the columns for total

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Question 4 In the following table are demand and cost data for a monopolist. 4.1 Complete the table by filling in the columns for total revenue, marginal revenue, and marginal cost. Total revenue Marginal Total Marginal cost Quantity Price revenue cost 0 $34 $ 20 32 36 2 30 46 W 28 50 26 54 UT 24 56 6 22 64 7 20 80 8 18 100 9 16 128 10 14 160 4.2 What output will the monopolist produce? 4.3 What price will the monopolist charge? 4.4 What total profit/loss will the monopolist make at the profit-maximizing level of output

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