Match these items. Match the items in the left column to the items in the right column. 1. accounting cost
cost of producing a good or service
2. alternative
happiness; satisfaction
3. monetary
relating to money
value of all the alternatives given
4. opportunity cost
up
value of the best alternative given
5. retail price
up
6. trade-off
option
7. utility
money value of a good or service
that is charged to the customer

Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$