Base on this article I have to answer those question.

https://www.economist.com/the-economist-explains/2021/04/01/why-is-major-league-baseball-allowed-to-be-a-monopoly

1.Which player mentioned in the article filed an antitrust suit against the MLB. Why did he sue?

2.Which of the sources of market power listed in Chapter 13 explains why the MLB is able to exist as a monopoly?

3.We learned in class that there are both costs and benefits associated with a monopoly. What are some of the costs described in the article?

4.The article claims that allowing the MLB to remain a monopoly keeps players' wages (an input cost for the MLB) low, but it doesn't mention the impact on price. How would prices (price of admission to games, merchandise, etc.) be different if the MLB weren't a monopoly? Why?

5.How does the total surplus under a monopoly compare to the total surplus under competition? Explain why this is the case.