Question: Need help with this problem 6. In a monopoly market, suppose the linear MC intersects MR at 15 units of output. At this level of

Need help with this problem

6. In a monopoly market, suppose the linear MC intersects MR at 15 units of output. At this level of output, MR and MC are $2. The price that the monopolist charges is given as $5. MC also intersects the linear demand curve at 25 units of output. At this level, P and MC are $3. The price is $11 when demand is zero. a. Calculate the monopolist's total revenue if the monopolist charges a single price. (2 marks) b. Calculate the monopolist's total revenue if the monopolist uses perfect price discrimination. (4 marks) 0. Calculate the deadweight loss. (2 marks)

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