Question: Question is in attached image. Thank you! Note* Only focus on C and D Consider a. monopolist who faces the inverse demand function of p(y)

Question is in attached image. Thank you!

Note* Only focus on C and D

Consider a. monopolist who faces the inverse demand function of p(y) = 200 101; with marginal revenue given by MR = 200 203;. In addition the cost function is given by C(y) = 2Oy2/2 so that the marginal cost is simply, M C = 203;. a) Calculate the monopolists choice of output and the associated price and prot. b)At the monopolists level of Output and price, (that is at y" and p\"), caICulate the consumers price elasticity of demand. Note the elasticity of demand is given by _@z 6 Am; c). In the graph on the next page show the monopolists choice and identify the associated deadweight welfare loss. (Remember to label everything correctly) d) What would be the efcient price and quantity? Calculate it

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