2.1. Write a doublespaced summary on " Sherman and Clayton Acts\" (minimum: three paragraphs and maximum: five paragraphs typed). Please use Times New Roman, one inch margins, and 12 point font. 3. Case Study Analysis (Microsoft Word document; 10 points) Please read \" Effect of R&D on Tobin's q " from chapter 12 (Hirschey textbook). 3.1. Write a double-spaced summary (minimum: three paragraphs and or maximum: five paragraphs typed) 3.2. Which company has the lowest Tobin's q ratio? 3.3. Which company has the highest profit margin? B. Quantitative Analysis (10 points) Please read "Social Costs of Monopoly" and "Instructor's Notes" on Monopoly and Monopsony. Then complete the following problem. 1. Problem: Assume that the competitive market supply and market demand for unlimited monthly long-distance telephone service (in millions of customers) are given by the following equations: Market supply curve: PS = 10 + 0.25Qs Market demand curve: PD 2 85 0.5QD