b. Now assume that the firm will behave as a traditional price setting monopoly firm. What would be the great quantity of output that the same firm would ever want to sell under the one price for each unit sold pricing strategy if the firm behaved as a price setting firm? For each part below (c and d), assume that you now know MC = AC = 50 for this firm c. If the firm sells widgets all for the same price, then (given the curves mentioned here) the greatest possible profit that the firm can earn in this market would be equal to d. Now, suppose this firm decides to set 2 different prices. Knowing that customers who buy widgets on weekdays are willing to pay a higher price for widgets (Group 1) than customers who buy their widgets on the weekend (Group 2), the firm sets the following prices: . the weekday price for consumers in Group 1 is $180 . the weekend price for consumers in Group 2 is $130 Assume that consumers fit into one or the other of these two groups, based on their willingness to pay for widgets. Assume further that the firm can successfully engage in a pricing strategy of price discrimination. If the firm pursues this pricing strategy, answer the following: i. The profit earned from Group 1 (the group facing the $180 price) is equal to ii. The profit earned from Group 2 (the group facing the $130 price) is equal to iii. The combined profit from both groups is equal to