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Please help me answer this question in full Consider a producer that is a monopoly producer of pizza. It faces a demand curve Q =

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Consider a producer that is a monopoly producer of pizza. It faces a demand curve Q = 100 2P. The monopolist has a total cost curve equal to To = %Q2 + IUQ. a) (6pt) Find the quantity the monopolist will produce and the price they will charge if it must charge a uniform price (i.e. the standard monopoly problem with no price discrimination). b) (3pt) What is the Consumer Surplus and Producer Surplus in this monopoly? (Hint: You might want to draw a graph.) G) (3pt) If this market was perfectly competitive and market supply curve was the monopolist's marginal cost curve, what price would be set and what quantity would be produced in that market? d) (2pt) What is the Consumer Surplus and Producer Surplus under perfect competition? e) (2pt) What is the Deadweight Loss under perfect competition? What is the Deadweight Loss under monopoly? f) (4pt) Suppose the monopolist discovers that if it doesn't post prices it is able to perfectly (ist degree) price discriminate. How many pizzas does it sell? What is the price it charges? Hint: You may nd your work from part c) useful. 9) (1pt) What is the Deadweight Loss under 1st degree price discrimination

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