Microeconomics

Hello, Can someone help me to finish these two Economic questions?

Please write down the steps.

If possible, please finish the solution in an hour.

Question 3. Profit Maximisation [20 Marks] A monopolist firm has a total cost function given by: TC = 160 + 2Q2 The demand is given by: P = 140 -5Q (a) What output and price should the monopolist firm set to maximise profit? [6 Marks] (b) How much profit does the firm generate based on the calculation in (a)? What consumer surplus would be generated? [6 Marks] (c) What would output be if the firm acted like a perfect competitor, what consumer surplus would then be generated? [5 Marks] (d) How are the demand curves of Perfectly and Imperfectly Competitive Firms.? Explain briefly and draw them. [3 Marks]Question 4. IS-LM and All-AS model (Keynesian economic theory without Misperoeption Theory} [so Marks] Draw the I$LM and AD-AS model (without Misperce-ption Theory} to analyse the effeats of each of the following on the economy in Short-run and Long-run equilibrium Jewels of real interest rate, output, price, employment and consumption. It is assmned that there is sticky price adjustment. Using graphs to illustrate and explain briey. a} Due to an outbreak of a new virus, the government is increasing its expenditures in health (hospitals and new doctors} and education {new teachers and online classes}. [Ill Marks] [only provide both graphs and explanation are awarded full marks] b} Due to a hard lockdown in the country there is a decrease in expected future output. [ll] Marks] [only provide both graphs and explanation are awarded full marks]