help help help asap Microeconomics 1401 City Tech, CUNY Fall 2019 11. Suppose that the graph above represents the market situation for a monopolist. What will be the equilibrium price and quantity? a) Price will be P, and quantity will be Q. b) Price will be P, and quantity will be Q. c) Price will be P, and quantity will be Q. d) Price will be P, and quantity will be Q. e) Price will be P, and quantity will be Q. 12. A monopolist that engages in price discrimination… a) charges different buyers different prices based on what they are willing to pay. b) uses premiums, discounts, and sliding scales to charge consumers different prices. c) captures a portion of consumer surplus. d) produces a more efficient quantity of output than if it charged all consumers the same price. e) All of the above

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