Let weekly demand for flu vaccines be represented by the following demand curve:

P = 400-(1/2)Q

And suppose that FluOz is the monopoly supplier of vaccines to Australia with a marginal cost curve:

MC = 200;

Calculate the consumer surplus and producer surplus at the monopoly equilibrium and the deadweight loss of the monopoly outcome compared to the socially efficient quantity and show these on your diagram.

Finally, suppose that FluOz's average total cost curve is ATC(Q)=100/Q+200.