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MC ATC 0 P3 E s P: a P2. ........................... P4 ' D 0 Quantity MR Refer to the diagram for a

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MC ATC 0" P3 """"""" E s P: " a P2. ........................... P4 ' """"""" D 0 Quantity MR Refer to the diagram for a pure monopolist. Fill in the blanks. An unregulated monopolist will charge P= , and Q = . Suppose a regulatory commission is created to determine a legal price for the monopoly. If the commlssion seeks to provide the monopolist with a "fair return," it will set price at , and the monopolist will produce Q: Blank 1: Blank 2: Blank 3: Blank 4: Question 30 (6 points) A 3 2 2 'l 1 Refer to the data. The four-firm concentration ratio for this industry is , and the HHI : . What type of industry is represented by the firms in the table above? - 0 5 Blank 1: Tlme left for this assessment: Blank 2: Blank 3: 117:10

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