Please see questions below

ED k 0 d2|.laurentian.ca C [I] + [E] m m Table of Contents > Test 2 March 18 from 10 to noon > ECON 1006 March 18 test 2 . ECON 1006 March 18 test 2 v D X Q Search Reading List When you empty $23323" V\""" 1. (15 marks) Suppose you are a monopolist in the market for a specic video game. Goggle} ALL Your demand curve is given by P = 90 Q/3, and your marginal cost curve is VIDEOS IMAGES NE MC = 20. Your xed costs equal $300. Explain all answers fully and give concluding sentences. b. Derive and graph the marginal revenue curve on the same graph above. a. Graph the demand and marginal cost curve. M c. Calculate and indicate on the graph the monopoly price and quantity. ED k 0 d2|.laurentian.ca C [I] + [E] m m Table of Contents > Test 2 March 18 from 10 to noon > ECON 1006 March 18 test 2 . ECON 1006 March 18 test2 v '1 X Q Search Reading List When you empty 1 the trash on your... ' google.com ' Google x ALL VIDEOS IMAGES NE... W e. Calculate and indicate on the graph the monopoly price and quantity. d. What is your prot? e. What is the level of consumer surplus under perfect competition and monopoly