Suppose here that a monopolist has a constant Marginal Cost of $10 per unit. The monopolist has no fixed costs. This monopolist is also the monopolist over two separate groups of consumers [ii Young Consumers and (ii) Old Consumers. The demand for Young Consumers is given by: QYoumg = 100 _ p And the demand for Old Consumers is given by: Gold = 5\" 0-5? Suppose to start that this monopolist can price discriminate between these markets. The monopolist charges a different price for Young and Old consumers, based upon their age, which it verifies by looking at the customers driver's license. 5) What type of price discrimination is this? [1 point] 6) What price does the monopolist charge Young Consumers? What quantity does the monopolist sell to Young Consumers and how much profits does the monopolist make? Show your work. [2 points] 7} What price does the monopolist charge Old Consumers? What quantityr does the monopolist sell to Old Consumers and how much profits does the monopolist make? Show your work. [2 points] Suppose now that the local government bans price discrimination, and so the monopolist must treat both consumers as being within the same market. 8} What is the new market demand curve that the monopolist faces? [3 points] 9} Write out the monopolist's new Marginal Revenue Curve. [3 points] 10} What price does the monopolist new charge in this general market? What quantityr do theyr sell and how much profits do thev make? [2 points]