Please answer the following questions, Thanks!!!

Question 16 3 pts A monopoly firm sells chocolate with 75% cocoa. The consumer preferences range from 0% cocoa and 100% cocoa chocolate. Consumers are uniformly distributed (one consumer for each point of the preference range). Currently, the monopoly firm sells chocolate at p=$2.00. Consumers value chocolate at V=$3 and have a unit disutility t=$2 for the difference between the percentage of cocoa provided by the firm and what they like. For example, a consumer likes 0 percent cocoa chocolate would be willing to spend 2*10-0.75| dollar to exchange chocolate with 75% cocoa with 0% cocoa. None of the answers is correct O 75% of the consumers buy. O 25% of the consumers buy. O All consumers buy. Question 17 3 pts In perfect competition: There are significant restrictions on entry. O All firms in the market sell their product at the same price. Each firm can influence the price of the good. O There are few buyers. Question 18 3 pts In general, a monopoly market is inefficient because Producer surplus is smaller than in perfect competitive market. The equilibrium price is too low The monopolist produces too little O Consumers consume too much