1. Faye makes decorative wooden boxes. The demand for her boxes and her total variable costs are shown below. Her total fixed cost is $30 per day. If Faye produces her optimal number of boxes, her (profit/loss)______will be $______

Price ($/box)	Boxes per day	TVC ($/day)
39	1	22
37	2	45
35	3	69
33	4	94
31	5	120
29	6	147

2. Gas One, Inc. is currently the only natural gas supplier in a region. The company maximizes its profit when it sells 30 billion m³ of gas at $0.50 per m³. Gas One's marginal cost is constant at $0.30 per m³. If the market was perfectly competitive, it would supply 60 billion m³ of gas. What is the deadweight loss resulting from the monopoly?

3. Gas Two, Inc. is the only natural gas supplier in a region. The company's total fixed cost is $5 billion, and its marginal cost is constant at $0.20 per m³. Government regulators require the company to price its gas at marginal cost, and at this price it sells 20 billion m³. With this regulation, Gas Two's economic (profit/loss)_____is $____ billion and the deadweight loss is $_____ billion

4. Gas Three, Inc. is the only natural gas supplier in a region. The company's total fixed cost is $7.2 billion, and its marginal cost is constant at $0.30 per m³. If Gas Three prices its gas at marginal cost, it will sell 20 billion m³. Government regulators require the company to price its gas at average total cost, and it sells 16 billion m³ at this price. With this regulation, Gas Three's economic (profit/loss)____ is $_____ billion, and the deadweight loss is $______billion