(Q5 - 20pts) Suppose a monopolist has a constant marginal cost (MC) of $20 per unit of output (Q), and average total cost is also $20 per unit. Market demand curve is given: QD = 1000 - 20P. (A - 4pts) What is the marginal revenue (MR) function for the monopolist? (B - 4pts) What is the profit maximizing output for the monopolist? (C -4pts) At what price is the output sold? o elequa not gnot all quid (an8 - 2) the figure, cle aplied market-clearing price with P (D - 4pts) What is the monopolist's profit? 's output with Qu least curve Libeled To (E - 4pts) In perfect competition, if market supply curve is perfectly elastic at $20/unit, then what would be the quantity sold? Market price