A pure monopolist determines that at the current level ofoutput the marginal cos

A pure monopolist determines that at the current level ofoutput the marginal cost of production is $2 average variablecosts are $2.75 and average total costs are $2.95. Themarginal revenue is $2.75. What would you recommend that themonopolist do to maximize profits? b.) Why might a businessowner keep their business open but let it deteriorate rather thanshut it down? Will this profitability last?