5. Ann Arbor has a competitive market for veterinary care for pet dogs, cats, bunnies, etc. One of the most common office visits is to address ear infections in dogs, especially Labrador Retrievers and others with oppy ears. Monthly customer demand for ear infection treatment appointments is Q = 400 2P. The marginal cost to the vet office for an ear infection treatment is $125. West Wolverine Animal Hospital has been offered exclusive access to a new treatment for ear infections that would reduce their marginal cost to $80 per patient appointmentftreatment. Exclusive access means that no other veterinary offices or hospitals in the market area would be able to buy a license to use this treatment. a. If West Wolverine agrees to purchase the exclusive license for the new treatment, how many treatments would they offer per month if they maximize profit using the new treatment? What will they charge? Show your work and briefly explain. b. What is the maximum monthly amount that West Wolverine would pay for the exclusive license? Show your work and briefly explain. c. Draw a graph to show the inverse demand curve, marginal revenue curve, MC curve, and West Wolverine's price and quantity if West Wolverine purchases the exclusive license and monopolizes the market for ear infection treatments in dogs