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Use the graph below to answer the following questions 60 5 = MC 30 20 MR 2000 3000 6000 What is the value of consumer

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Use the graph below to answer the following questions 60 5 = MC 30 20 MR 2000 3000 6000 What is the value of consumer surplus if this market is perfectly competitive? [ Select ] What is the value of producer surplus if this market is perfectly competitive? [ Select ] What is the value of consumer surplus if this market is under the control of a monopolist? [ Select ] What is the value of producer surplus if this market is under the control of a monopolist? [ Select ] What is the value of deadweight loss (DWL) if this market is under the control of a monopolist? [ Select ] "Note: The formula to calculate the area of a triangle is [1/2 x (Base x Height)]

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