05. Suppose that indigo Airlines has amonopolv on the route between Delhi and Goa. During the winter [November - February], the monthly demand on this route is given by P: a. - bQ. During the summer {March - June], the monthly demand is given by P = it; - .59, where cram\". Assuming that [ndigo's marginal cost function is the same in both the summer and the winter, and assuming that the marginal cost function is independent of the quantity Q of passengers served, will Indigo charge a higher price in the summer or in the winter? '06. [n M G Road, Bengaluru1 the movie market is inonopolistically competitive. The demand function for daily attendance and the longrun average cost function at the INOX are, respectively. P = 9 0.4Q and LAC = ID 0.060 +0.0IDO IQ3 a. Calculate the price that [NC-X will charge for admission to movies in the long-run. What will he the number of patrons per dag.r at that price? it. 1What is the value of LAC that the firm will incur? How much profit will the firm earn