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1. (5 points) (a) What price will an unregulated monopoly charge? (b) What quantity will an unregulated monopoly produce? (c) If the regulated price is

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1. (5 points) (a) What price will an unregulated monopoly charge? (b) What quantity will an unregulated monopoly produce? (c) If the regulated price is $10 per unit, how many units will the regulated monopoly produce? ((1) What is the quantity demanded at the regulated price of $10? Is there a surplus or 2:1 shortage or neither at the regulated price? (e) What is the deadweight loss to society when the regulated price is $10

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