Suppose a profit-maximizing monopolist is producing 1100 units of output and is charging a price of $55.00 per unit. if the elasticity of demand for the product is -1.5, find the marginal cost of the last unit produced. the marginal cost of the last unit produce is $ is the firm's percentage markup of price over marginal cost? the firm's percentage markup of price over marginal cost is percent. (enter your response rounded to two decimal places.)suppose that the average cost of the last unit produced is $12.00 and the firm's fixed cost is $2000. find the firm's profit. the firm's profit is $ your response rounded to two decimal places.)

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses. the book value of the partnership equity (i. e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000