Monopoly Pricing / Monopoly Pricing SlUnil Use the graph Monopoly Pricing to answer these questions. 1. What is the maximum prot output? ____________ ._ 2. What is the price at that output? ___ _____________ 3. W hat is revenue per unit at that output? ___. ________ _. 4. What is cost per unit at that output? __________'____,____ 5. What is total revenue at that output? ___ ________ 6. What is total cost at that output? _______________ 7. What is prot or loss per unit at that output? ___. _________ __. 8. What is total prot or loss at that output? 9. At what output and price combination would this rm break even? ___, 10. If this were a perfectly competitive industry {other than the fact that demand would be perfectly elastic). excess prots would exist and new rms would enter the industry. Since this is a monopoly situation and new rms cannot enter the industry. what will happen to these excess prots? 11. Based on your answer to question 10. if this monopoly were a government- regulated monopoly and you were the government. what restrictions. regulations. or requirements would you place on this company