Global Gas & Electric, a monopoly operating in the northwest Philippines, is represented in the table below. Global's executives would not provide you any more information than what's in this table, so you'll have to fill in the blanks. Fill in the table (14 points) and use it to answer the following questions. (The output is measured in thousands of kilowatt hours of electricity.)

4. Global Gas & Electric, a monopoly operating in the northwest Philippines, is represented in the table below. Wexecutives would not provide you any more information than what's in this table, so you'll have to fill in the blanks. Fill in the table [14 points] and use it to answer the following questions. [The output is measured in thousands of kilowatt hours of electricity.) Oulpul Price TR Prot 0 m MR xxx MC :00: TC ATC m 9 -- 29 8G 42 300 56.75 261 89 40 301 so 348.5 55 __ 55 '15::I133\"still-LII-l'-'~(..th~sJIl 450 23.5 A. B. C. C) -- 90 Using the ME = MC rule, what is the profitmaximizing level of output {in thousands of KWHs}? {2 points} What price will Putrid charge for the profitmaximizing level of output? [2 points) Assume that it electricity is supplied by competitive firms, the market price is 55 and the quantity supplied is 8 ['000 KWHsJE What is the amount of the deadweight loss to society of producing electricity by monopolist Global Gas and Electric? [4 points} [It is helpful to have a graphical illustration based on the data above so you could calculate edsily the DWL. But there is no need to present the graph.) Determine and compare the amount of consumer surplus and producer surplus it the service is provided by competitive firms and by the monopolist. [8 points]