Answer the given question with a proper explanation and step-by-step solution.

Could you give me correct answers with explanations?

Suppose a small town has only one artist who sells paintings, making that artist a monopoly. One of the artist's paintings is demanded at a price of $200, two paintings are demanded at a price of $150, three at $100, four at 1200 $50, and five if the paintings are given away (with a price of zero). 1100- 1.) Use the line drawing tool to graph the demand curve for paintings. Label this line 'Demand'. 1000- 2.) Use the line drawing tool to graph the corresponding marginal revenue curve. Label this line 'Marginal revenue'. 900- Carefully follow the instructions above, and only draw the required objects. Price [dollars per painting) 200 100- Marginal Revenue Demand 2 3 Quantity (paintings) An object is selected. Delete It, or move it with arrows or by dragging