Based on the above graph, answer the following questions for a monopoly and a pe

Question

Based on the above graph, answer the following questions for a monopoly and a perfectly competitive firm.
A. For the monopolist:
i. Profit maximizing output =
ii. ATC =
iii. AR =
iv. Price =
v. Total Revenue =
vi. Total Cost =
vii. Profit =
B.For the perfectly competitive firm:
i. Profit maximizing output =
ii. ATC =
iii. AR =
iv. Price =
v. Total Revenue =
vi. Total Cost =
vii. Profit =
C. Discuss the differences you observe in your answers above between the monopoly
and perfectly competitive firm.
PLEASE SHOW ALL Formulas and calculations must be shown along with the final correct answer.
Thank you very much if you answer me fast and with correct answer your the first i rate.

Explanation / Answer

Please post the graph. Thank you

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