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The table below shows the quantity of output produced by a monopoly that consumers demand at each price and the monopoly's cost structure Quantity Price
The table below shows the quantity of output produced by a monopoly that consumers demand at each price and the monopoly's cost structure Quantity Price Total Revenue Marginal Revenue Total Cost $400 Marginal Cost $400 $400 375 $100 $100 750 350 150 350 50 1.050 300 325 270 120 1,300 260 300 410 140 1,500 200 570 275 160 1,650 150 250 750 1.750 180 100 225 950 1,800 200 50 200 1,200 1.800 250 1,500 300 What are the profit-maximizing price and quantity? The monopoly should produce S units of output and charge a price of $ 300. (Enter your responses as integer values) What is the monopoly's profit? The monopoly's profit is $ . (Enter your response as an integer value.)
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