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1. The government of a small developing country has granted exclusive rights to Linden Enterprises for the production of plastic syringes. The table below shows

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1. The government of a small developing country has granted exclusive rights to Linden Enterprises for the production of plastic syringes. The table below shows the cost and demand data for this government protected monopolist. Use the Table to answer the following questions. (a) What is the profit-maxinizing quantity and price for the monopolist? Show your work. (b) What is the amount of profit that the firm earns? Show your work. (c) Suppose the government imposes a flat tax of $5 on all manufacturers. Now what is the Linden's profit maximizing quantity and what is the price charged? Explain. (d) Suppose instead of a flat tax, the government imposes a \$1.00 per unit tax on every case sold. How will this affect Linden's profit maximizing quantity and its price? Explain. 1. The government of a small developing country has granted exclusive rights to Linden Enterprises for the production of plastic syringes. The table below shows the cost and demand data for this government protected monopolist. Use the Table to answer the following questions. (a) What is the profit-maxinjzing quantity and price for the monopolist? Show your work. (b) What is the amount of profit that the firm earns? Show your work. (c) Suppose the government imposes a flat tax of $5 on all manufacturers. Now what is the Linden's profit maximizing quantity and what is the price charged? Explain. (d) Suppose instead of a flat tax, the government imposes a $1.00 per unit tax on every case sold. How will this affect Linden's profit maximizing quantity and its price? Explain

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