Please help and explain each & show the work/labels. I got it wrong on my first try and dont know how to do it.

Price, cost $300 $200 MC =ATC $125 1 1 i i D I 1 : i 1500 3000 Quantity Customer Customer Group A Group B 1. Which customer group has the lower price elasticity of demand? Explain. 2. At what price is customer group B no longer willing to purchase any units? Explain in terms of willingness to pay. 3. Why would the monopolist be foolish to charge customer group A $2507? Explain in terms of willingness to pay. Price, cost $300 $200 MC = ATC $125 I 1 i i D 1 1 : : 1500 3000 Quantity Customer Customer Group A Group B 4. Separately label the areas that show the profit earned from Customer Groups A and B. 5. Calculate the total profit earned from both customer groups. Show all of your work (revenue and cost for each customer group). Revenue for customer group A Revenue for customer group B Cost for customer group A Cost for customer group B Profit