please help with the two questions QUESTION 13What is the deadweight loss, if Facebook acts as a single-pricemonopolist?QUESTION 14In reality, Facebook charges different companies differentamounts for ad campaigns, often systematically lowering the priceof the ad campaign until the firm purchases. If Facebook is able toperfectly price discriminate, how many ad campaigns will it sell? Facebook is the biggest seller of advertising space in the socialmedia market (Instagram is also a major seller, but it is owned byFacebook). Assume that Facebook is a monopolist and isillustrated by the graph below.Use the below graph for #9 - 16.P ($)1817161514|1, 14.0131211107ATC34, 1.44|16, 1.8D331, 1.417, 1.82MC1567 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34Q (millions)-1 0 1 2 3-215, 1.9MR-3What is the quantity of ads that Facebook sells?

Perfect Price discrimination, is the highest level of price discrimination in which each unit of…

QUESTION 13 What is the deadweight loss, if Facebook acts as a single-price monopolist? QUESTION 14 In reality, Facebook charges different companies different amounts for ad campaigns, often systematically lowering the price of the ad campaign until the firm purchases. If Facebook is able to perfectly price discriminate, how many ad campaigns will it sell?

QUESTION 13 What is the deadweight loss, if Facebook acts as a single-price monopolist? QUESTION 14 In reality, Facebook charges different companies different amounts for ad campaigns, often systematically lowering the price of the ad campaign until the firm purchases. If Facebook is able to perfectly price discriminate, how many ad campaigns will it sell?

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter9: Monopoly

Section: Chapter Questions

Problem 7SQP

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