Assume that electricity production has been done by several regional firms in the u. s. each operating as a pure monopoly.
a. explain and graphically illustrate how the electrical monopolist would determine its profit maximizing price and output level. (label pm and qm)
b. identify any area of consumer and/or producer sur+ for the profit maximizing monopoly.
c. identify the deadweight loss for the monopolist.

Question 55 ted, a supervisor for jack's pool supplies, was accused of stealing pool supplies and selling them to friends and relatives at reduced prices. given ted's earlier track record, he was not fired immediately. the authorities decided to give him an administrative leave, without pay, until the investigation was complete. in view of the given information, it would be most appropriate to say that ted was: demoted. discharged. suspended. dismissed.