• Explain which types of market inefficiencies derive from monopolies. Use examples from the textbook to support your claims.
• Describe the types of inefficiencies that derive from monopolistic competition. Use examples from the textbook to support your claims.
• How are monopolies and monopolistic competitive firms profitable? Use examples from the textbook to support your analysis.

History Round Market Type Quantity Market Price Marginal Cost Total Profit Single Market 11 $5.25 $2.00 $35.75 2 Mixed Market 11 $5.25 $2.00 $35.75 Price Discrimination 12 | 10 $5.00 | $3.00 $2.00 $46.00 4 Price Discrimination 12 | 10 $5.00 | $3.00 $2.00 $46.00 Fo Round 4/4 00:00 AR 1 E