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3/ W D $0 0 10 20 3D 40 50 60 Numbers of Pills (thousands) Note: Not all relevant numbers may not line up exactly
3/ \\W \\D $0 0 10 20 3D 40 50 60 Numbers of Pills (thousands) Note: Not all relevant numbers may not line up exactly on a grid line, if this is the case do your best to approximate the value' All of the solutions are drop down choices, so the answer you calculate may not exactly equate with mind, but given the available choices, the correct answer should be clear if you calculated it correctly. What is the prot maximizing output for this monopolist? 15900 Pills V| What is the price charged by this monopolist? $10-00 V| What is the total prot obtained by this monopolist? $93,000 V| If government regulation forced this company to produce at the allocative efcient output, they would produce 25'5\"] V pills at a price of $11-00 V A Question 2 5 pts This drug has a patent, which will provide a signicant barrier to entry. If this monopolist is producing at its prot maximizing output and as long as the patent is active, what should happen to the monopolist prots in the long run? Note: ln semesters past, many students have missed points by answering what happens after the patent expires.\" that is not the question I am asking. I am askingwhat happens while the patent is active as this market transitions to the long run
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