19. (4 marks) Given: Demand; P = 1,000 - 10 Q and the monopolist's costs: TC = 10,000 + 50 Q MC = 50 a) (2 marks) Find revenue and profit for the monopoly outcome. b) (2 marks) Find revenue and profit if the government imposes the competitive outcome. 20. (4 marks) Given: Demand; P =20 -0.005 Q and monopolist's costs: TC = 12,000 + 5 Q MC = 5 a) (3 marks) Assume that in (two) block pricing, the first block sells at a price of $15. Find the second block P and Q, and therefore revenue, cost and profit. b) (1 mark) What is consumer's surplus in part a)