1t] . Competitive Supermarkets A small town is served by many competing supennarkets, which all have the same constant marginal cost. Use the hiacic point (pius symhpi) to show the competitive price and guahtinr in this market. Then use the green area (triangi'e symhoi) to shade the area representing consumer surplus in the market for groceries, and use the purple area (diamond symbol) to shade the area representing producer surpi'us. \fNow suppose that the independent supermarkets combine into one chain. Use the black point (plus symbol) to show the profit-maximizing monopoly outcome. Then use the green area (triangle symbol) to shade the area representing consumer surplus in the market for groceries, and use the purple area (diamond symbol) to shade the area representing producer surplus. Finally, use the black area (plus symbol) to shade the area representing deadweight loss.Monopoly Demand Monopoly Outcome A Consumer Surplus Marginal Cost Price, Cost, Revenue Producer Surplus Deadweight Loss Marginal Revenue Quantity of GroceriesIwhich of the following statements is true about the changes that occur after the supermarkets merge? Check all that apply. |:| Total Surplus rises. |:| The market price increases. |:| The market quantityr remains unchanged. |:| Consumer surplus remains unchanged. |:| Producer surplus rises