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Suppose a single-price monopolist (i.e. it cannot discriminate) faces the demand relation shown in table below, there are no fixed costs, and marginal cost is constant at $4. (For this question, explanations are not required.) a) Draw a diagram, as precisely as possible, M- showing the demand, MR and MC curves. Demanded (Recall, marginal curves are plotted at the midpoints.) b) On the diagram, show the profit maximizing price and quantity. Consider a monopolist that is able to distinguish between two distinct market segments, A and B, for its product. Marginal cost is constant at $50 for each unit produced. The firm is currently selling its output at a single price and allocating its output across segments such that marginal revenue in segment A is $55 and marginal revenue in segment B is $45. In order to maximize prot, should the rm keep charging both market segments the same price? Should it adjust the quantity it sells to either of the market segments? Explain