10- Use the graph below to explore answers to questions ae a. What is theifthe-is a single price profit maximizer? b. If the industry is controlled by a single price monopolist, what will be th- deadwei-ht loss 0 society? c. A single price monopoly firm would need to go out of business in the long run if its ATC was as shown (curve denoted by SAC). However, a perfect price discriminating monopolist might make a profit under certain circumstances. Describe with letters what would need to be true for the price discriminating firm to stay in business in the long run. d. If the variable costs are the only costs. how much profit will a single price monopolist make? Also with no fixed costs, how much profit will a perfect price discriminator make? e. If a 10% tax is put on all profit, a single price monopolist will do what to his price? A perfect price discriminator will do what to his quantity produced if the same tax is imposed? (direction of change if any)