give graphs if necessary. thanks so much. around 300 words

Consider the following information for the production of coffee cups: QD=357P MC=$2.50 MR-S 2 D _ 7Q (a) [5 marks] If Coffee cups are produced in a perfectly competitive industry, how many cups are produced and at what price are they sold at? Explain. (b) [10 marks] What is the producer, consumer and total surplus' in this case? Calculate, graph and explain. (c) [5 marks] If instead coffee cups are produced in a monopoly market structure, how many cups are produced and at what price are they sold? Explain (d) [10 marks] What is the producer, consumer and total surplus' in this case? Calculate, graph and explain. (e) [5 marks] Would you advocate for the monopoly to be able to use rst degree price discrimination? Why/why not