Solve the following

> Instruction and Other Information 110 Price and cost (dollars per household) 60 . . . 40 30 ........ ATC 10 MC MR D O 8 10 Quantity (millions of households) 1. Explain clearly the profit maximising decision by the company. Calculate and shade the profit and total cost clearly. 2. Explain clearly which method of pricing is allocation efficient and why the remaining 2 are not. Include relevant calculations such as deadweight loss to support your