need answers to these questions please

P Blood Q Blood MR 94. The Red Cross is virtually the only operator of blood banks in the United States. The figure above displays the demand and cost curves facing the Red Cross blood bank. If the Red Cross were to set blood would it sell? price and quantity at the level that it would obtain in the long run in a competitive industry, how much a. OA b. OB c. OD d. OC 95. Is the monopolist supply decision more complicated than that of competitive supply? a. Yes, because the monopolist can choose its price, and the perfect competitor cannot. b. No, because they are both price takers. c. No, because the market determines the price and quantity sold for the monopolist. d. No, because the market determines the price for both firms. 96. The key element in preserving a monopoly is a. government subsidy of critical enterprises. b. keeping potential rivals out of the market. c. guaranteeing availability of substitute products. d. increased advertising expenditure. 97. Since a monopoly faces a downward-sloping demand curve, a. then, as Adam Smith wrote, "the price of monopoly is upon every occasion the highest which can be got." b. price always exceeds average revenue. c. marginal revenue increases as output increases. d, the monopolist is a price maker. 98. A natural monopoly is defined as an industry in which one firm a. can produce the entire industry output at a lower average cost than a larger number of firms could