The accompanying graph depicts the marginal revenue (MR), demand (D), and marginal cost (MC) curves for a monopoly. a. Place point P, at the profit maximizing price and quantity 100 95 @ Macmillan Learning assuming that the monopolist can only charge a single price. 90 85 80 75 P b. What are the profits of the firm if it charges a single price? 70 65 Price and Costs($) $ MC 15 Suppose the monopolist able to successfully price 10 discriminate between two groups by charging one group $60 MR and charging $35 to the other group. 0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 Quantity c. What are the firm's profits if it charges the two prices as mentioned above? $t... Suppose that a smalltown theater has six potential customers and is C t Maximum willingness Time of i . . . . . . . . us omer in looking to implement price discrimination depending on when to pay attendance '1' . . . . . ' , . \" ' ' . _ h. customers want to attend. Suppose the marginal cost of serving an Brandon $4 matinee ___' additional customer is 81.50. The data provide information about the . E . _ . . . Tyler $35 evening L: time of attendance and Willingness to pay for a ticket. . . :- Austin $10 evening Alexis $7 matinee Ashley $12 evening Emily $12 matinee What should the theater charge for evening tickets? What should the theater charge for matinee tickets".J