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unit? (CIRCLE ONE) YES NO 14) (15 points) Following graph represents demand, cost and marginal revenue curves of a monopoly. MC ATC MR O co

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unit? (CIRCLE ONE) YES NO 14) (15 points) Following graph represents demand, cost and marginal revenue curves of a monopoly. MC ATC MR O co Quantity a) The monopolist will produce the output equal to b) The monopolist will charge a price equal to c) If the above monopolist has lost his market power and it were in the pure competition the output produced will be equal to X X and price equal to d) The efficiency loss or dead weight loss of monopoly is equal to

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