a.   At what output rate and price does the monopolist operate?         b.   In equilibrium, approximately what is the firm’s total cost and total revenue?         c.   What is the firm’s economic profit or loss in equilibrium?

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A: “Since you have posted multiple questions with multiple sub parts, we will provide the solution only…

Q: Don't use ai to answer I will report your answer Solve it Asap with explanation and calculation

A: ANS : ( a ) ​​  ANS : ( b ) ​​  ANS : ( c ) ​​

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A: The profit can be calculated by using the following formula:

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