Marginal Revenue (MR) as illustrated below. Marginal Social Costs (MSC) are also illustrated. S MSC 29.05 18.80 MC 16.95 11.00 b Demand = MSB 8.25 d 5.10 e quantity 31,900 MR 8,850 13,150 10,275 9 It appears as if production/consumption of this good generates A. a positive externality but no negative externality. B. a negative externality but no positive externality. both a positive externality and a negative externality. D. neither a positive externality nor a negative externality. 10. To maximize profit, this monopolist would sell and charge a price of A. 8,850 units of output; $11.00 per unit. B. 8,850 units of output; $18.80 per unit. C. 10,275 units of output; $8.25 per unit. D. 10,275 units of output; $16.95 per unit. 11. When the monopolist chooses price and quantity to maximize profit, Deadweight Loss is equal to A. 'area a" B. "area b" C. "areas atb+c" D. "areas atctdte" 12. Qihong was born in China. Throughout his entire life he has excelled academically. After earning a Master's degree from the China University of Mining and Technology in Beijing, he came to the United States to pursue a PhD. Upon completion of his PhD he was hired by a prestigious research university in Oklahoma, where he works to this day. This story provides an illustration of the A. vicious-cycle-of-poverty. B. the free rider problem. C. the catch-up effect. D. brain-drain