Please answer the questions step be step with an explanation and organize it properly in a chart with the right numbers using an equation please.

. Q2 Consider the given diagram for completing the following table. 10 marks 90 MC 80 65 Dollars ($) ATC 'D MR 0 10 20 35 45 50 Quantity of Output (Units) Monopoly Monopolist produces at Price Qt. Total Profit or market a point/level where.... ($) Loss ($) Regulated AC = AR 52 50 TR = 50 x 52 = 2600 Monopoly TC = 50 x 52 = 2600 (Fair Return Price) No loss, no profit Unregulated TR = 65 x 35 = 2275 Monopoly MC = MR 65 35 TC = 50 x 35 = 1750 Profit = 525 Regulated TR = 55 x 45 = 2475 Monopoly MC = Price 55 45 'The monopolist will incur (Socially Optimal Price) loss.' Do you agree? Why? No, AC