Question: Answer the practice questions below based on the graph: (show work if possible) Marginal Cost 393 PRICE COST Average Total Cost E F Demand OUTPUT

Answer the practice questions below based on the graph: (show work if possible)

Marginal Cost 393 PRICE COST Average Total Cost E F Demand OUTPUT `Marginal Revenue Identify each of the following based on the graph above: 1. The price and quantity for an unregulated monopoly - P4 Q2 2. The consumer surplus for an unregulated monopoly - AP4C 3. The deadweight loss for an unregulated monopoly - BGC 4. The price and quantity at the allocationly efficient output- 5. The quantity where total revenue is maximized 6. The quantity produced if this firm price discriminates 7. The price and quantity where the firm makes no economic profit

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