III-IIIII-CI1IIIIIIIOII \\ \\ Pnce [dollars per round of golf: T '1 1 t" 35' r '1 '1 "T 0 ID 20 30 4D 50 ED I'D 80 9|} til-0 Quantity [rounds of gotf per week] The diagram above shows the demand curve, marginal revenue curve, and cost curves for a monopolist that owns the only golf courses on Eagle Island. The monopolist's product is 18-hole golf games. A} What is the monopolist profit-maximizing price and output (number of rounds of golf per week} for the monopolist of Eagle Island? (1 mark} B} What is the average total cost per round of golf at the monopolist profitmaximizing level of output? {1 Mark] C) Calculate the prot, in dollars per week' for this monopolist. (1 mark) D) If this were a competitive market. what would the quantity and price he? (2 marks)