Local government is discussing whether or not the perfectly-competitive market for cauliflower should be monopolized. The market demand for cauliflower is given by .

2.If all suppliers of cauliflower have constant average costs and marginal costs equal to 10, what is the profit-maximizing output and price for the average perfectly-competitive firm? Support your answers with calculations.

3.If the market for cauliflower becomes a monopoly and marginal and average costs continue to be constant but increase to 15, what is the profit-maximizing output and price for the monopoly? Support your answers with calculations.

4.What is the change in profit for the firms if the market becomes a monopoly? Support your answers with calculations.

5.What happens to consumer surplus if the market is monopolized? By how much does consumer surplus change? Support your answers with calculations. (Hint: although you do not have to provide a graph with your answer, it will be helpful to sketch a graph to determine the areas that represent consumer surplus when the market is perfectly competitive and when it becomes a monopoly.)