A monopolist faces two demand curves in two separate markets. The Market Demand in the first market is P1=100-Q1 and in the second market it is P2=50-0.5Q2. The marginal & average costs are constant at 10 (MC=AC=10). Find the Monopoly Price and Quantity in each market. Find the Perfect Competition Price and Quantity in each market. Calculate Profit, Social Welfare (Consumer and Producer Surpluses), and Dead Weight Loss in both situations and in both markets.

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