Suppose the demand functions facing the wiress telephone monopolist in Worked-Out Problem 18.4 (page 647) are QL = 80 - 50P for each lowemand consumer and QH = 200 - 50P for each high-demand consumer. where P is the per-minute price in dollars. The marginal cost is SO.IO per minute. Suppose the monopolist offers only single two-pan tariff Instructions: Round answers to 2 decimal places as needed. a. What VIII be the monopolist's profit from each type of consumer if it charges a per-minute price of $0.10 and a fixed fee that causes both types of consumers to make a purchase? b. What if it charges a per-minute price of SO.20? c. If there are SOO high-demand consumers. many consumers can there be for the monopolist to find the SO.20 price more attractive than the SCIO price? 7900 low-demand consumers.