1. Suppose a firm in a perfectly competitive market has total costs equal to5Q²+ 9Q +19.If this firm is earning zero economic profits, and is producing 48units of the good,what must the market price be?

Round your answer to two decimal places. Do not include a $ sign.

2. Suppose that a firm in a perfectly competitive industry has the following marginal costcurve:MC=2Q+13.Ifthe market price for the good they produce is$38.59,how many units of this good willthe firm produce?

Round your answer to two decimal places.

3. Suppose a monopolist faces the demand curve P = 130 - 3Q. The monopolist's marginal costs are a constant $18 and they have fixed costs equal to $134. Given this information, what will the profit-maximizingpricebe for this monopolist?

Round your answer to two decimal places. Do not use a $ sign.

4. Suppose a monopolist faces the demand curve P = 165 - 4Q. The monopolist's marginal costs are a constant $23 and they have fixed costs equal to $96. Given this information, what are the maximum profits this firm can earn?

Round your answer to two decimal places. Do not use a $ sign.

5. Suppose a monopolist faces the demand curve P = 168 - 1Q. The monopolist's marginal costs are a constant $20 and they have fixed costs equal to $82. Given this information, if the firm maximizes their profits,what would be size of the deadweight loss in this market?

Round your answer to two decimal places. Do not use a $ sign.

6.A monopolist is seeking to price discriminate by segregating the market. The demand in each market is given as follows:

Market A:P = 114 - 4Q

Market B:P = 101 - 1Q

The monopolist faces a marginal cost of $25 and has no fixed costs. Given this information, what price should the monopolist charge in Market B?

Round your answer to two decimal places. Do not include a $ sign.

Note: The demand equations presented above show P equal to a function of Q, rather than the usual other way around. This is so you can use the same trick used in Unit 11 to find the marginal revenue curve.

7. A monopolist is seeking to price discriminate by segregating the market. The demand in each market is given as follows:

Market A:P = 167 - 2Q

Market B:P = 101 - 1Q

The monopolist faces a marginal cost of $18 and has no fixed costs. Given this information, what is thedifferencebetween the total quantity the price-discriminating monopolist will supply across both markets and the total quantity that would be supplied in a perfectly competitive market with the same marginal costs for firmsat equilibrium?

Round your answer to two decimal places. Do not include a $ sign.Your answer should be apositivenumber.

Note: The demand equations presented above show P equal to a function of Q, rather than the usual other way around. This is so you can use the same trick used in Unit 11 to find the marginal revenue curve.

8. A monopolist is seeking to price discriminate by segregating the market. The demand in each market is given as follows:

Market A:P = 110 - 4Q

Market B:P = 171 - 2Q

The monopolist faces a marginal cost of $18 and has no fixed costs. Given this information, what are the monopoliststotal profitsacross both markets when they price discriminate?

Round your answer to two decimal places. Do not include a $ sign.

Note: The demand equations presented above show P equal to a function of Q, rather than the usual other way around. This is so you can use the same trick used in Unit 11 to find the marginal revenue curve.