Consider the market represented by the figure to the right. Suppose this market has one firm.??

If the firm can only charge a single?price, what is this?firm's profits?(when maximizing?profits)? The figure to the right asumes the firm has no fixed costs.

The firm earns profits of ?$

nothing

. ?(Enter a numeric response using rounded to two decimal places.?)

?Correspondingly, remaining surplus available to consumers is ?$

nothing

. ?(Enter a numeric response using rounded to two decimal places.?)

Now suppose the firm is able to capture all consumer surplus by charging different prices to different customers.

The firm now earns profits of ?$

nothing

. ?(Enter a numeric response using rounded to two decimal places.?)

In?turn, remaining surplus available to consumers is ?$

nothing

?.(Enter a numeric response using rounded to two decimal places.?)

Consider the market represented by the figure to the right. Suppose this market has one firm. 100.00- If the firm can only charge a single price, what is this firm's profits (when maximizing profits)? The figure to the right asumes the firm has no fixed costs. 90.00- The firm earns profits of $ . (Enter a numeric response using rounded to two decimal places.) 80.00- 70.00- Correspondingly, remaining surplus available to consumers is $ . (Enter a numeric response using rounded to two decimal 60.00- places. $ per unit 50.00- Now suppose the firm is able to capture all consumer surplus by charging different prices to different customers. 40.00- The firm now earns profits of $ . (Enter a numeric response using rounded to two decimal places.) 30.00- In turn, remaining surplus available to consumers is $ .(Enter a numeric response using rounded to two decimal places.) 20.00 10.00- MC - ATC 0.00- MR 0 10 20 30 40 50 60 70 80 90 100 Quantity