Revenue and cost per unit 24 ATO 22 20.80 20 Demand MR 62 Quantity Figure 15-6 shows the cost and demand curves for a monopolist. 1. The profit maximizing price is S_ __ and quantity is 2. The firm would produce an efficient output at point 3. The mark up is $. 4. The economic profit is $. 5. If the industry was perfectly competitive, the price charged would be $_ _ and the quantity produced would be __ _ units