Determination of monopoly price-output and consumer surplus

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Reference no: EM1316107

Consider a monopolist facing demand curve Q = 100 - P. MC=AC=$20.

a. Find the monopoly price, profits, and consumer surplus.
b. Find the perfectly competitive price, quantity, profits, and consumer surplus.
c. How much deadweight loss is due to monopolization?
d. If the monopolist can perfectly price discriminate (1^st degree), find the total quantity sold, the marginal price for the last unit sold, consumer surplus, profit, deadweight loss.

Reference no: EM1316107

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