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The diagram to the right shows the demand, marginal cost, and marginal revenue curves for a monopolist. a. If the monopolist charges its single prot-maximizing

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The diagram to the right shows the demand, marginal cost, and marginal revenue curves for a monopolist. a. If the monopolist charges its single prot-maximizing price, show what areas are consumer surplus? @- :E I - Iucer surplus? |:| ; O. (I) E A 6 o F and G E and F Aand B BandC The diagram to the right shows the marginal cost, and marginal revenu monopolist. F and G a. If the monopolist charges its sing B and C price, show what areas are consum MC A and B A b. What area is producer surplus? Dollars per unit B D E G F MR D Next

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