Assume the on campus demand for soda is as follows: Price ($ per can) .......................... 2.001.751.501.251.000.750.500.25 Quantity

Question:

Assume the on campus demand for soda is as follows:
Price ($ per can) .......................... 2.001.751.501.251.000.750.500.25
Quantity demanded (per day) ..................... 30 40 50 60 70 80 90 100
If the marginal cost of supplying a soda is 50 cents, what price will students end up paying in
(a) A perfectly competitive market?
(b) A monopolized market?