Instructions: Enter your answers as a whole number. If you are entering any negative numbers be sure to include a negati
Posted: Fri Jul 01, 2022 7:56 am
Instructions: Enter your answers as a whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Leave no cells blank. Enter O if appropriate. MR ($) MC ($) 2 0 1 2 3 4 5 6 7 8 P ($) 8 7 6 5 4 3 2 1 0 TR ($) 0 0 7 12 15 16 7 5 3 b. What is the profit-maximizing level of output? units c. What price will the monopolist charge to maximize profits? 1 2 3 4 5 6 7 8