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Problem for Module 61. a. Draw a graph showing a monopoly earning a normal prot in the short mn. l1 Can a monopoly earn a

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Problem for Module 61. a. Draw a graph showing a monopoly earning a normal prot in the short mn. l1 Can a monopoly earn a normal profit in the long run? Explain Problem for Module 62 Draw a correctly labeled graph showing a profitmailing natural monopoly. On your graph, indicate each of the following: The monopoly'a profitmaximizing output {film} The monopoly'a price {Pm} The monopoly'a profit The regulated price that would maximize consumer eurplua without creating Ioaaea for the firm {Pr} F1957!\

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