2. Scrooge McDuck decides to get into the toilet paper business, given the shortage of toilet paper and rising prices for it in the United States. Assume Scrooge is a monopolist for toilet paper and it costs him $0.50 to manufacture a roll of toilet paper, regardless of how many rolls he makes. In other works, the marginal cost of a roll is $0.50 for all quantities. Analysists for Scrooge's company estimate the individual consumer's demand schedule to be the following: \" # rolls Revenue .- -_ __ - -_ '- \" -_ \" a. Calculate total revenue and marginal revenue for each quantity. What is the prot maximizing quantity? Note: if marginal revenue doesn't exactly equal marginal cost for a quantity, the profit maximizing quantity is the quantity where marginal revenue is as close to marginal cost as possible without marginal revenue being less than marginal cost. Also note that it is possible for marginal revenue to be negative. All this says is that that the monopolist loses more from cutting its price for its initial units than what it gains from selling a larger quantity. b. Plot the demand curve. How much consumer surplus does a consumer get? What is Scrooge's prot? c. Why doesn't Scrooge sell at a quantity where price = marginal cost? (1, An analyst for Scrooge's company tells him that he can increase his prot by selling toilet paper in a package containing multiple rolls rather than selling rolls individually. How big should the package be and what should the price be? e. What is Scrooge's prot per package