Question #584224 Due to a new technology, Brunelle Inc. enjoys monopoly power. Brunelle does not engage in price discrimination. a. Explain why the demand curve lies above the marginal revenue curve for Brunelle. b. Assume that Brunelle is earning short-run economic profits. Using a correctly labeled graph, show the following for Brunelle. 1. Profit-maximizing level of output, labeled as Q" ii. Profit-maximizing price, labeled as P* ill. Economic profits, as a shaded area c. If Brunelle wants to maximize its total revenues instead of profits, using the graph from part (b) show the following. i. Revenue-maximizing level of output, labeled as Q ii. Revenue-maximizing price, labeled as pr d. Given your answer in part (b), indicate whether Brunelle is producing the allocationy efficient level of output. Explain. e. Explain what will happen to Brunelle's demand curve as other firms adopt the same technology