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1. A monopolist faces the cost and demand structure depicted below. Provide the information list below the diagram. a} 25 Q Monopolistic Output Ere _
1. A monopolist faces the cost and demand structure depicted below. Provide the information list below the diagram. a} 25 Q Monopolistic Output Ere _ Monopolistic Price Total Revenue Total Cost FL!" Profit 3"111' Socially Optimum Output . Using vertical lines (I )_. shade in consumer surplus under monopoly. 32-" no . Using horizontal lines (E). shade in producer surplus under monopoly. i. Using solid shading (I), shade in deadweight loss under monopoly.
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