Hello, kindly provide answer with the reasoning behind it please. Thanks!

|:>7. Jack is Ben's son and naturally takes some but not all of Ben's advice. Despite being a monopolist, Jack wants to maximize total revenue. If Jack has a demand curve and marginal revenue curve with the usual negative slopes, and faces positive marginal costs, we know Jack is minimizing profits Jack is producing the same output as Ben would advice a single-price monopolist to produce Jack produces more output than if Jack were trying to maximize profits Jack produces less output than if Jack were trying to maximize profits Jack produces an output corresponding to where marginal revenue is less than 1 None of these are correct. D8. Michael is the only attorney practicing in a specific area in Grand Rapids. Michael faces demand of Q=2500-10p. If we assume the marginal cost of handling this specific type of case is $100, and Michael sets the single- price monopolist's profit maximizing price, then the number of clients who would not pay for these legal services, but who are willing to pay at least the marginal cost is: O 100 750 1500 2500 None of these are correct D 9 . Ben operates a monopoly with constant marginal cost of $2 per unit and no fixed costs. Ben can set one price in Ann Arbor and another price in Marquette. If demand in Ann Arbor is given by Q=3500-350p and demand in Marquette by Q=600-100p, then the price in Marquette will be the same as the price in Ann Arbor be $2 smaller than the price in Ann Arbor be $2 larger than the price in Ann Arbor be $4 larger than the price in Ann Arbor be $4 smaller than the price in Ann Arbor None of these are correct