Question: Can you please help with part C ? The accompanying graph depicts the marginal revenue (MR), demand (D), and marginal cost (MC) curves for a

The accompanying graph depicts the marginal revenue (MR), demand (D), and marginal cost (MC) curves for a monopoly. a. Place point P1 at the profit maximizing price and quantity assuming that the monopolist can only charge a single price. b. What are the profits of the firm if it charges a single price? $ 1225 Suppose the monopolist able to successfully price discriminate between two groups by charging one group $75 and charging $35 to the other group. c. What are the firm's profits if it charges the two prices as mentioned above? 1625 100 95 90 85 80 75 70 65 60 55 50 45 40 35 30 25 20 15 0 5 10 15 20 25 3035 40 45 50 55 60 65 70 75 80 85 90 95100 Quantity
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