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QUESTION 33 [Figure 02] $/Q $15 6 points Save Answer $10 S = MC = ATC MR D 50 75 100 Q/t Refer to the above [Figure 02]. Assume that the firms in a perfectly competitive market as a whole and a monopoly firm has the same marginal cost structure. Then the above figure can describe three different situations: a perfectly competitive market, a monopoly firm without price discrimination, and a monopoly firm with perfect price discrimination. Answer the following questions. [6p] i) Calculate the consumer surplus, the profits earned by the firm(s), and the deadweight loss for the above three different situations. a) Perfect competition: a-1) Consumer surplus _a-2) Profits _a-3) Deadweight loss b) Nondiscriminating monopoly: b-1) Consumer surplus ; b-2) Profits _ b-3) Deadweight loss c) Monopoly with perfect price discrimination: c-1) Consumer surplus } c-2) Profits ; c-3) Deadweight loss ii) Determine whether the above three situations are achieving the allocationficiency or not. And explain the reason for your answer. a) Perfect competion: (Yes, No) b) Nondiscriminating monopoly: (Yes, No) c) Monopoly with perfect price discrimination: (Yes, No) d) Reason: (Answer in one sentence) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). EE X X2 . .. rial 14px Ev Ev A v