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Hello can someone help me answer all these questions please?Thanks 3. The firm in Figure B (on the next page) is an unregulated monopolist; it

Hello can someone help me answer all these questions please?Thanks

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3. The firm in Figure B (on the next page) is an unregulated monopolist; it will optimally produce 40 million 25 million prop 10 million 0 units 4. The firm in Figure B (on the next page) is an unregulated monopolist; it will optimally charge a price of a $9.00 $8.00 $7.00 P? $4.00 5. The firm in Figure B (on the next page) is an unregulated monopolist; it will earn profits of $50 million $25 million $4 million SO (FC) 6. Which of the following will definitely occur if a natural monopoly is broken up into two smaller firms? Unit costs will increase. Industry output will increase. The price will drop. Industry output will decrease. 7. Which of these contributes to the existence of monopoly power? a a continuously decreasing long-run average cost curve possession of a patent C. control over essential input all of the above 8 The marginal revenue curve for a monopolist is a always below the demand curve b. generally below the average cost curve C. the same as the average revenue curve d always above the demand curve 9. A monopolist maximizes profits by producing where SRMC = P ATC = D SRMC = MR SRMC = AVC 10 A monopolist will shut down in the short run if P AVC AVC> AFC TR

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