A) Refer to the graph above. Assume that this monopolist is allowed to choose the...
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A) Refer to the graph above. Assume that this monopolist is allowed to choose the profit-maximizing level of output. a) What output would this monopolist produce to maximize profit? How many units? b) What price would the monopolist charge to maximize profit? c) How much in profit would the monopolist earm? d) How much of DWL would the monopolist create? B) Refer to the graph above. If the govemment regulates this monopolist and sets its price equal to the magrinal cost: a) What output would the regulated monopolist produce? b) What price would the regulated monopolist charge? c) How much in profit would the regulated monopolist earm? C) Refer to the graph above. If he government wants this monopolist to eam a normal profit, a) What price would the monopolist charge
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