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Please graph the following: 1. A monopoly earning short-run profits (shaded), showing deadweight loss and consumer surplus. 2. A monopoly producing with short-run losses (shaded).

Please graph the following:

1. A monopoly earning short-run profits (shaded), showing deadweight loss and consumer surplus.

2. A monopoly producing with short-run losses (shaded).

3. A monopoly in a short-run shut-down position.

4. A monopolistically-competitive firm in long-run equilibrium.

5. A game theory 2x2 payoff matrix showing dominant strategies and a Nash Equilibrium (different than airline example).

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