A. Ziskin Inc., a monopolist with costs C(Q) =% O2 - 1000 + 140.000 faces the market demand curve 0 = 5000 - 10F. (1) a. What is the inverse demand curve? What is the marginal revenue curve? b. Graph the inverse demand, marginal revenue, marginal cost, and average total cost curves on the same graph. (2) a. What is Ziskin's profit maximization problem? Solve for quantity and price and show this point on your graph. b. How much are Ziskin's profits? Show the area representing profits on your graph from (1). (3) a. What would the quantity and price be under perfect competition? Show this point on your graph. b. Show on a graph (the same graph, or a new one) the loss in consumer and producer surplus caused by this monopoly and calculate this deadweight loss. (4) The government imposes a quantity tax of t: $30 on this market. a. Calculate the new market quantity and price. How much profit does the monopolist make now? D. How much tax revenue is collected? Draw a new graph and compare the tax situation to the no-tax situation for the monopolist, including showing the tax revenue area on your graph. B. For each of the following questions, come up with an original (i.e., not from the book or from class notes, and not the same as anyone else's) example from real life to illustrate the concept. (1) a. Give an example of second-degree price discrimination b. Give an example of third-degree price discrimination (2) Give an example of near-perfect first-degree price discrimination (3) Give an example of a bundling scheme. (4) Give an example of a natural monopoly and discuss how it might be best dealt with (e.g., left alone, regulated to price at average cost, regulated to price at marginal cost with a subsidy, or dealt with in another way)