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The following questions relate to this patented pesticide market (2 pts, each): 36.) At S and D what will be the price the monopoly will

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The following questions relate to this patented pesticide market (2 pts, each): 36.) At S and D what will be the price the monopoly will charge to maximize its profit? 37.) At S and D how much profit will the monopoly make from its patented pesticide? Your company is hit with a high profile wrongful death lawsuit, and you end up paying out millions in settlements. This not only increases your average total cost (from ATC to ATC A , but also seriously reduces demand (from D to D ) for your potentially deadly product. 38.) By how much (Q) will your market shrink with the lower demand and higher price? 39.) Given this new situation at S,D, ATC , how much profit will you still make? The following questions relate to this patented pesticide market (2 pts, each): 36.) At S and D what will be the price the monopoly will charge to maximize its profit? 37.) At S and D how much profit will the monopoly make from its patented pesticide? Your company is hit with a high profile wrongful death lawsuit, and you end up paying out millions in settlements. This not only increases your average total cost (from ATC to ATC A , but also seriously reduces demand (from D to D ) for your potentially deadly product. 38.) By how much (Q) will your market shrink with the lower demand and higher price? 39.) Given this new situation at S,D, ATC , how much profit will you still make

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