Waterton Publishing Company is a book publisher located in Los Angeles, California. This oompany faces the following demand schedule for the next novel of John Smith, one it its popular authors. The author is paid $2 million to write the hook, and the marginal cost of publishing the hook is $10 per book. 9152 M 5100 0 90 100,000 00 200,000 70 300,000 60 400,000 50 500,000 40 500.0! 30 700.000 20 000.000 10 900.000 El LUIIIIID - Perform a profit maximization analysis for the publisher. The publisher, Waterton Company is maximizing profits. What is the profit maximizing quantity, price and profit of the Waterton Company? Show on a graph the prot maximization problem for the publisher. Explain with words + computations+ graph. - What is the socially efficient level of output? What is the price and profit corresponding to this socially efficient output? Show the efficient quantity, the deadweight loss (DWL) and consumer surplus on the same graph you drew above. Compute oonsumer surplus and DWL. Explain with words + computations + graph