25-28. A monopolist has a short run cost function given by: TC=0.1q2+3q+40q2 where q is output per day and TC is the total cost per day in dollars. The firm has fixed costs of $30 (already included in the TC equation above). The TC equation generates minimum average costs of $7 (per unit) at q=20. Questions 25 through 28 concern this firm. 27. Imagine now that a tax of $5 per unit is placed on the output in this industry. How much of this tax will be borne by the monopolist (i.e., what will be the seller's share)? A) $1.00 B) $1.50 C) $2.00 D) $2.40 E) $2.50 F) $2.60 G) $3.20 H) $3.50 I) $4.50 J) none of the above 28. The tax discussed in Question 27 will cause excess burden. How much is the excess burden of the tax on the monopolist? A) $37.20 B) $118.80 C) $96.70 D) $86.80 E) $80.50 F) $75.60 G) $63.00 H) $36.70 I) $31.20 J) none of the above