An unregulated natural monopoly packages Alaskan moss, Price and cost (cents per bag) a unique health product that has no substitutes. 100- The monopoly's total fixed cost is $70,000 and its marginal 90- cost is 20 cents a bag. 80- The graph illustrates the demand curve for the product. 70- . . . 60- Draw the marginal revenue curve. Label it. 50- Draw the marginal cost curve. Label it. 40- Draw a point at the monopoly's profit-maximizing quantity 30 - and price. 20- The monopoly sells bags a year and the price is 10- MR cents a bag. o - C >>> Remember that the quantity given on the x-axis is in 6 8 10 12 14 16 18 thousands of bags. Quantity (thousands of bags per year) > >> Draw only the objects specified in the