2. (7.5 points) Using the same demand curve from the market in the previous question, assume the firm is a monopolist with costs equal tot . a. Derive the marginal revenue and marginal cost for the firm b. Show and calculate the optimal price and quantity for this firm. c. Calculate the economic profit, consumer surplus, producer surplus, and deadweight loss in this market. d. Assume that that the firm has perfect knowledge of each consumer's willingness to pay. Derive the marginal revenue curve. Demonstrate the economic profit, producer surplus, and consumer surplus in this scenario. 2. (7.5 points) Using the same demand curve from the market in the previous question, assume the firm is a monopolist with costs equal tot . a. Derive the marginal revenue and marginal cost for the firm b. Show and calculate the optimal price and quantity for this firm. c. Calculate the economic profit, consumer surplus, producer surplus, and deadweight loss in this market. d. Assume that that the firm has perfect knowledge of each consumer's willingness to pay. Derive the marginal revenue curve. Demonstrate the economic profit, producer surplus, and consumer surplus in this scenario