____ 70. Refer to Table 11-1. The marginal revenue of the second unit is a. $10 b. $15 c. $20 d. $25 Use the table to answer the following question....

____ 70. Refer to Table 11-1. The marginal revenue of the second unit is a. $10 b. $15 c. $20 d. $25 Use the table to answer the following question. ____ 71. The demand and total cost schedules of a monopolist are presented in Table 11-2. What price should a profitmaximizing monopolist charge? A. $10 b. $9 c. $8 d. $7 Use the table to answer the following question. ____ 72. The demand and total cost schedules of a monopolist are presented in Table 11-3. What price should a profitmaximizing monopolist charge? Use the table to answer the following question. ____ 73. The demand and total cost schedules of a monopolist are presented in Table 11-4. What price should a profitmaximizing monopolist charge? A. $24 b. $23 c. $22 d. $21 ____ 74. Compared to a competitive price-taker firm with the same cost structure, a monopoly firm will charge a a. higher price and sell more. B. lower price and sell more. C. higher price and sell less. D. lower price and sell less. E. similar price