Question 3 Not yet answered Points out of 1.00 Flag question How many computers will the monopolist sell to maximize profit? Select one: Oa. 800 Ob. 400 Oc. 0 Od. 600 Question 4 Not yet answered Points out of 1.00 Flag question At what price will the monopolist sell each computer? Select one: Oa. $2,000 Ob. $1,000 Oc. $4,000 Od. $3,000Scenario Use the following information to answer questions 3-4. The graph below shows the market demand for computers in a small country. To develop a domestic computer industry, the government prohibits imports of computers and gives a single local firm the sole right to produce and sell computers (that is, it is a legal monopoly). The demand curve shows the local demand for computers. The cost curves show the marginal cost (MC) and average total cost (ATC) of the single producer. The graph also shows the marginal revenue (MR) curve faced by this firm. Price per computer (Dollars) 7000 MC 6000 ATC 5000 4000 3000 2000 1000 Demand 0 200 400 600 800 1000 1200 1400 Quantity of computers (number per year)