Points: 0 of 1 Save A monopoly has a constant marginal cost of production of $6 per unit and no fixed costs 30- 28- In the figure to the right, let D be demand and MR be marginal 26 revenue. 24 1.) Using the line drawing tool, graph the monopoly's marginal cost 22- curve. Label this curve 'MC." 20- 18 2.) Using the line drawing tool, graph the monopoly's average $ per unit 16- variable cost curve. Label this curve 'AVC." 14- 3.) Using the line drawing tool, graph the monopoly's average cost curve. Label this curve 'AC." 4.) Using the point drawing tool, indicate the monopoly's profit- maximizing price and quantity. Label this point 'e." 5.) Using the rectangle drawing tool, shade in the monopoly's NMR profit. Label this 'profit." 10 12 14 16 18 20 22 24 26 28 30 Q, Quantity 6.) Using the triangle drawing tool, shade deadweight loss created by the monopoly. Label this 'DWL." Carefully follow the instructions above, and only draw the required objects