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The table below shows data for the production of Oranges for an individual firm operating as a monopoly.
Quantity of Oranges  Price  Total Costs 

0  600  8500 
100  550  48500 
200  500  93500 
300  450  143500 
400  400  198500 
500  350  258500 
600  300  323500 
Given this data, complete the table:
Quantity of Oranges  Total Revenue (TR)  Profit  Marginal Revenue (MR)  Marginal Costs (MC) 
0  0

8500

   
100  55000

6500

550

400

200  100000

6500

450

450

300  135000

8500

350

500

400  160000

38500

250

550

500  175000

83500

150

600

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At what quantity are marginal revenues equal to marginal costs?
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What is the profit maximizing quantity?
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What is the profit maximizing price?
NOTE: If there are two quantities with the same level of profits, pick the larger of the two quantities!
Hint
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