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The table below depicts the demand, MR and MC schedules for The Last-to-Let You Down funeral home which has monopoly power in the small town

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The table below depicts the demand, MR and MC schedules for "The Last-to-Let You Down" funeral home which has monopoly power in the small town of Podunk. The profit maximizing price and quantity for the firm is P=__and Q=_ Price Quantity demanded TR MR MC 3000 3 9000 X X 2800 4 11200 2200 1400 2600 5 1300 1800 1400 2400 6 14400 1400 1400 2200 7 15400 1000 1400 2000 8 16000 600 1400 1800 9 16200 200 1400 1600 10 1600 -200 1400 1400 11 15400 600 1400 $1600; 10 $2000; 7 $1800; 9 $2400; 6 $2000; 8 $2600; 5 $2800; 4 $3000;' 4

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