B. What are the profit maximising level of output and price? Calculate profits and deadweight loss. can you do this

, Srijana 3/9 answered Time Remain QUESTION 3: 20 Total Marks Sydney Waste Management has a monopoly on the garbage pickup market in Sydney Waste Management's costs are shown below. $ 20 18 NATO ONEa MC AC D. MR 6 8 10 12 14 16 18 20 Q Q3-a a) [10 marks] Given the costs of this firm and the demand curve as in the graph above, explain the most likely reason that Sydney Water Management has a monopoly. HEBiAXXON