Refer to the graph below to answer five questions about a monopolist. Price or Cost(per pound) O - N W A UT O V O O O - N WA X MR 2 3 O 4 5 6 7 8 9 Quantity(pounds of fish per hour) K a. What rate of output maximizes total profit? pounds b. What is the MR at that rate of output? per pound c. What is the price? per pound d. If output is increased by 1 pound beyond that point, MC is MR. e. If the firm expands production beyond the profit-maximizing quantity, profits will