Match the financial statements to their descriptions. shows the company's position on
a particular day
records the business's net profit
for an accounting period
records the business's inflow and
outflow of cash
records the business's income
after paying the expenses and
dividends
cash flow statement
balance sheet
income statement
statement of retained earnings
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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.$