B C S G MC ATC ATC MC=ATC MC MR D E G IMC MC AC Pmin ATC = P AC ATC- - -- -ATC ATC MR : Dq q Use the above diagrams to determine what area (A, B, C, D, E, F, G, H, I, J, K, L, M, N, or O) and the graph that will need to be calculated in the following scenarios. Put the letter of the area in the space for your answer. In your answer please put the diagram or graph first, then the area. For example, if you think it is just graph F, put F. If you think it is graph F area M put FM. Make sure that your letters are capital letters. Scenario: There is a monopoly with economies of scale as their barrier to entry. Currently they are allowed to choose whichever price they like. Their area of deadweight loss is represented by the letterThe following is information for a perfectly price discriminating monopolist. Demand: P = 5600 - 4Q Marginal revenue = P = 5600 - 8Q Marginal cost = ATC = 200 Calculate the producer surplus for the monopolist. You do not need to enter the $ sign or commas for large numbers. E.g. $50,000 can be entered as 50000 When answers are not whole numbers you can leave one number after the decimal. E.g. 10.2874 can be entered as 10.3