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PerUnitCusls A} that is the prot-maximizing price and level of output for the monopolist? {2 marine] B] What area in the gure shows the level
PerUnitCusls A} that is the prot-maximizing price and level of output for the monopolist? {2 marine] B] What area in the gure shows the level of prots for the monopolist? Are prots positive or negative? {2 marks} C] What area shows the deadweisht loss to societalr resulting from the monopolist's output decision? {1 mark} ti} Now suppose that the ind ustru is made up of man-1r smell, pope-taking rms {with the same technology]. what are the equilibrium price and level of output in this case? [1 marks}
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