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  3. 4 in the table below are cost and demand data...

Question: 4 in the table below are cost and demand data...

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4. In the table below are cost and demand data for a pure monopolist Marginal Average Marginal Quantity Demanded Price revenue cost cost 1 3200 $ 32 00 $48.00 $48 00 2 2900 26 00 3000 12 00 3 2600 2000 23 34 10 00 4 2300 14.00 2100 1400 5 2000 800 2000 16 00 6 1700 200 19.50 1700 7 14.00 -4.00 19.28 18 00 8 11.00-10.00 18.68 18.50 9 8.00 -16.00 18 72 19 00 (a) What is the level of price, output, and amount of profit for an unregulated monopolist? (b) Using the data in the table, what is the price, output, and proft for a regulated monopolist that sets price equal to marginal cost compared with an unregulated monopolist? 2 (c) Using the data in the table, what is the price, output, and profit for a regulated monopolist that charges a fair-retum price compared with an unregulated monopolist?

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