Draw the graph. If the monopoly is a single price monopoly (usual monopoly, as in chapter 10), then: the monopoly produces a quantity Q = ______ where ________________ (which curves intersect?) the monopoly charges a price of P = ________ the consumer surplus is CS = ______ (identify the area on the graph and calculate it). the producer surplus is PS = _________ the deadweight loss of the monopoly (as compared to perfect competition) is DWL = ______

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