Assignment 5 X Q . Illustrate graphically a per-unit x + X C & https://4cd.instructure.com/courses/73311/assignments/1629823 Assignment 5 Spring 2022.pdf & Download A Alternative formats @ Info X Close Page of 3 - ZOOM + the market setting without a price ceiling). 3. In the following table are demand and cost data for a pure monopolist. Complete the table by filling in the columns for total revenue, marginal revenue, and marginal cost. Answer these three questions: (a) What output will the monopolist produce? (b) What price will the monopolist charge? (c) What total profit will the monopolist receive at the profit-maximizing level of output? (d) Illustrate the monopolist's problem graphically (draw a generic monopolist problem - no need to try and represent the specific data above). Be sure to indicate both the monopolist's profit maximizing price and quantity and any deadweight welfare loss that might exist. Explain why there does or does not exist any deadweight welfare loss, and discuss why the government may want to regulate this monopoly. Total Marginal Total Marginal Quantity Price revenue revenue cost cost 0 $30 $ $ 20 29 36 WNA 28 46 27 ID DO VOS UI A 10 Type here to search 6:58 PM 994 840F ~ 5/4/2022