Answer the next two questions based on the following box-plot.
There no outliers.
Definitions:
Marginal Revenue Curves
A graphical representation showing how an additional unit sold affects total revenue, typically sloping downwards for firms with market power.
Nondiscriminating Monopolist
A monopolist who charges the same price for their product to all consumers, rather than adjusting the price based on market segmentation or consumer willingness to pay.
Marginal Revenue
The revenue gain from the sale of an additional good or service unit.
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