Q Demanded Q Supplied 0 The table above shows the supply and demand schedule for a country which does not yet engage in world trade. Based on the table, at world prices greater than 80, a country would import the good. 0 True 0 False 10 8 Price and costs (dollars per pound) 6 MC 4 ..:.. . . ... 2 MR: D 0 100 200 300 400 500 600 Quantity (pounds of candy per day) The figure above shows the demand for and costs of producing Charlene's Chocolates. If Charlene's Chocolates is a monopoly that charges one price to all customers, then producer surplus is 800. O TrueQuestion 2 2 pts Dee's TV Repair Price (dollars per Quantity Demanded (repairs per Total Cost repair) week) (dollars) 100 400 90 10 800 80 20 1400 70 30 2200 60 40 3200 Dee's TV Repair is the only TV repair shop in a small town. Dee is a single- price monopolist. Based on the demand and cost information in the table above, the profit maximizing(loss minimizing) quantity is 20 repairs per week. O True O FalsePrice (dollars per unit) MC .:... . .. .. A g D 0 7 10\\ 13 20 MR Quantity In the above figure, suppose the monopolist in the above figure can perfectly price discriminate. The amount of deadweight loss equals zero. O True O Falsec. s. Price [dollars per shirt] 0 8 lb 24 32 40 48 56 6-4 Quantity {millions of shirts per year] The gure above shows the US. market for shirts. Assuming the world price is $20, if the U5. engages in international trade, the U5. will import shirts. 0 True 0 False Price (cents per kwh) ..!. . ...... LRAC -MC D 0 100 200 300 400 500 MR Quantity (kilo-watt hours) The figure above provides information about Light-U-Up Utilities, which is a natural monopoly that provides electricity. If Light-U-Up is regulated subject to the Marginal Cost Pricing Rule, it will produce 400 kilo-watt hours(kwh) and sell at a price of 10 cents per kwh, realizing an economic loss. O true O false