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microeconomics Internet service in the local market is supplied by XFoliB Internet Service. The demand is P=65 - 0.01Q. The marginal cost function is MC

microeconomics

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Internet service in the local market is supplied by XFoliB Internet Service. The demand is P=65 - 0.01Q. The marginal cost function is MC = 5 + 0.01Q. If XFoIiB practices rst-degree price discrimination, what are consumer surplus and producer surplus in this market? (Round to the nearest whole number, don't use dollar signs or commas} Does market power and rst-degree price discrimination result in reduced societal welfare

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