() I need an urgent answer for this!Answer all the parts. Type only the answer, please do not handwritten it. Make sure to type clearly the numbers including the formulas and solutions. And do make sure to tally the answers to the table, similar to the given photo.I will click thumbs up if you follow my requests. Thank you! 1. Fill-up the following table relating to monopoly operations and regulations given thefollowing total cost and inverse demand functions:Total Cost: TC=Q? + 100;Inverse Demand: P = 120 – QMC-Pricing(MC = P*)No Regulationw/ Lump SumТаx (Т %3D 75)w/ Specific Tax(t = 10)ProfitEquationQ*P*TR at Q*ТC at Q*Profit atQ*ТахRevenueConsumerSurplusProducerSurplusDeadweightLoss2. Choose one type of regulation you analyzed in #1 and graphically illustrate the results.

Answered: 1. Fill-up the following table relating…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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() I need an urgent answer for this! Answer all the parts. Type only the answer, please do not handwritten it. Make sure to type clearly the numbers including the formulas and solutions. And do make sure to tally the answers to the table, similar to the given photo. I will click thumbs up if you follow my requests. Thank you!

1. Fill-up the following table relating to monopoly operations and regulations given the
following total cost and inverse demand functions:
Total Cost: TC=Q? + 100;
Inverse Demand: P = 120 – Q
MC-Pricing
(MC = P*)
No Regulation
w/ Lump Sum
Таx (Т %3D 75)
w/ Specific Tax
(t = 10)
Profit
Equation
Q*
P*
TR at Q*
ТC at Q*
Profit at
Q*
Тах
Revenue
Consumer
Surplus
Producer
Surplus
Deadweight
Loss
2. Choose one type of regulation you analyzed in #1 and graphically illustrate the results.

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