1. The first two columns in the table below (Figure 7.1) represent the demand schedule facing a pure monopolist. Complete the rest of the table using Excel. Please copy and paste the Excel table to the Word assignment file.

Figure 7.1

Q P TR MR TC ATC MC 0 70 25 1 66 45 2 62 60 3 58 70 4 54 85 5 50 105 6 46 130 7 42 170 8 38 220 9 34 280 10 30 360