Using diagrams and calculations, compare the welfare outcomes of the following markets to that of a perfectly competitive market. Assume the inverse market demand for the product is P = 1000 - 2Q and that the marginal cost of production is MC = Q. Remember that a perfectly competitive firm will operate at an allocation efficient equilibrium. You may only use one diagram per answer. a) Single price monopolist without discrimination compared to perfect competition [5] b) First degree price discriminator compared to perfect competition [5] c) Second degree price discriminator compared to perfect competition. [5]