Lie a all whether or a singh formula where appropriate in order to reaches fill credit Do not copy and pask valus or A monopoly Boxs the demand function @ = 30 - p. Its inverse demand function is therebeep = 30 - 9. so its marginal revenue fincion is AR = 30 - 20. The from's cost function & C = 60 + (1. so its marginal cost & MIC = 6 + 20. The monopoly sets its price. Its quintity is dekemined by the demand fincion. MR. 30 C MC 20 a) Calculate the output, revenues, costs, profit, marginal revenues, and marginal costs bey =15, 16, 17. .... 30. Delemoine the price hat maximizes proft and verify that MR - MC at this price. Determine the price hat maximizes bud surplus and verify that p = MC at this price ` Calculate the consumer surplus and boud surplus in your spreadshed The bala for consumer sumphis & C5 = 0.530 - p ). The from's producer surplus equals its profi because it hin no fixed cost. Toul surplus is the sum of the consumer surplus and the producer surplus. If the profe-maximizing monopoly price is charged instead of the price that moines boud surplus, what is the dead we ght boss? CS 0.5 (30 it C Prati MC $17 $19 $20 $21 522 123 124 25 $26 $28 $29 DEE The maximum profi is when the price is The maximum boud surplus is when the price b The deadweight loss is