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Suppose a monopolist faces the following costs for the various levels of output shown below. Output Total Cost Average Total Cost 100 $1,000 $ 10.00

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Suppose a monopolist faces the following costs for the various levels of output shown below. Output Total Cost Average Total Cost 100 $1,000 $ 10.00 600 5,000 2400 15,000 12,000 30,000 48,000 75,000 ces Instructions: Enter your answers rounded to two decimal places. Calculate ATC for each level of output listed in the table. Enter your answers in the table above. This is a natural monopoly

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