Please help me I am really confused and not sure if I am doing this correctly. Thank

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Please help me I am really confused and not sure if I am doing this correctly. Thank you please show any calculations!

1) The following graph shows the Demand, Marginal Revenue, and Marginal Cost curves for a monopolist. Price S = EMC B 30 D m 20 H F 10 K MR D 50 80 Quantity A. If market was perfectly competitive what would be the equilibrium price and quantity? B. If market is monopolized what would be the monopolist profit maximizing price and quantity? C. Which area shows the total surplus under perfect competition? D. Which area shows total surplus under monopoly? E. Which area shows dead weight loss

Posted Date: Jun 21, 2024 12:10 AM

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Please help me I am really confused and not sure if I am doing this correctly. Thank

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