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Market Power and Monopoly - End of Chapter Problem @ Macroillan Learning The accompanying graph depicts the market demand for 30-weight ball bearings. The market segment is monopolized by a single producer named Irwin. DWL MC Price ($/dozen) 8289828882889890 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Quantity of bearings (dozens) a. Under perfect competition, the price is , and the quantity is dozen bearings. Under monopoly, the price is , and the quantity is b. Place the triangle labeled DWL on the graph to shade the area representing deadweight loss due to Irwin's monopoly