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Suppose there is a monopolist in the market for a specic video game facing a demand curve: P = 22 - 0.50. The monopolist marginal cost curve is MC = 2, its total variable costs are TVC = 20 and it faces a total xed costs equal TFC = $154. Note: Keep as much precision as possible during your calculations. Your final answer should be accurate to at least two decimal places. 3) Graph the demand curve and marginal cost curve, then derive and graph the marginal revenue curve. v Demand Curve (D) -L on A S $3.12 8 1: D. 0 4 28 3 Quantity b) Calculate the equilibrium monopoly quantity and price. Monopolist's Quantity = Monopolist's Price = $ c) What is the prot for the monopoly? Monopoly Prot = $I d) What is the consumer surplus? Consumer Surplus = $I