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Quiz 5 B BUS 310 The demand a monopolist faces is D(p) = 200 0'51) and the rm's total cost is (:(q) = 150 +

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Quiz 5 B BUS 310 The demand a monopolist faces is D(p) = 200 0'51) and the rm's total cost is (:(q) = 150 + 20g. 1. Compute the prot maximizing price and quantity, assuming that the monopolist charges a uniform price. 2. Draw a graph that illustrates the monopolist's problem and mark on it the consumer surplus and the deadweight loss. 3. Compute consumer's surplus, monopolist's prots and the deadweight loss at the monopoly prioe

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