Question 9-10

121 122 123 124 $20 125 126 MC 127 128 $14 129 130 $11 131 132 $8 133 134 135 136 137 MR 138 5,000 8,000 139 140 9 141 a If the industry is controlled by a monopoly, the monopoly rent would be 142 $35,000 b 143 $30,000 144 $28,000 d 145 $25,000 146 10 147 a The deadweight loss under the monopoly control of industry is 148 $10,500 149 $10,000 150 d $9,000 151 $8,000 152