6 mathxl.com/Student/PlayerHomeworkaspx7homeworkld=610075659&question|d=26&f|ushed=true&c|d=6700471¢erwin=yes 21F-ECON101-010/01'l Natalija Penev | 12/05/213z48 PM HW Score: 1.67%, 1 of 60 points E Homework: MyLab: Chapter 15 Question 21. Concept: 0 Poms: 0 of 1 Suppose a local utility company provides electricity to a small town. The gure to the right illustrates the utility company's marginal cost of providing electricity along with the town's demand for electricity. 0 24 Assume the local utility company is a monopoly. 53 .ON NN Use the triangle drawing tool to shade in the dead weight loss created by the monopoly (compared to if the market were perfectly competitive). Property label this shaded area. 0.18 0.16 a 0.14 0.12 0.1 0.08 0.06 0.04 er kilowatt hour) Carefully follow re instructions above, and only draw the required objects. Price and cost (dollars 0.02 0 0 1O 20 30 40 50 60 70 80 90 100 Quantity of electricity (kilowatt hours in millions) Help me solve this Etext pages Get more help - Question Viewer Clear all