Any help that can be given to how to approach the question would be appreciated:

Fast forward to the 1990s. The internet has largely displaced radio technology. The demand for \"Model T\" transceivers has drastically dropped and is now described by: Market Demand (19903): 01: = 500 _ i . p The cost of producing \"Model T\" transceivers for each rm (1'), is the same as in Question 1: Total Cost: r609.) = 100.? + 100,000 Marginal Cost: Mao.) = 2019.. a) b) d) Draw a graph with quantity on the horizontal axis and price/unit cost on the vertical axis. Draw the new inverse demand curve, labelling its' intercepts and slope. Draw the MC and ATC curves of a representative rm i, labelling the point where MC=ATC. Is this a situation of \"natural monopoly"? Explain. Imagine that only one rm is left supplying the \"Model T\" transceivers. This monopolist faces marginal revenue of MR (Q) = 2500 10Qi. Calculate the quantity and price resulting under this monopoly (assuming that it is possible to buy and sell fractions of transceiver units). What will be the monopolist's prot? Indicate monopoly price and quantity in your graph. Also indicate the monopolist's prot. What would have been the surplus-maximizing price and quantity level? How do those differ from the monopoly outcome under (c)? Calculate the dead weight loss occurring because of the monopoly. Show it in the graph