Dreher's Designer Shirt Company, a monopolist, has the following cost and revenue information. Table 1 Quantity Total Cost Marginal Quantity Price Produced ($) 0 100 1 140 23T 4 5 6 7 8 $140 COSTS $150 $160 $170 184 230 280 335 395 475 565 Cost Demanded 0 1 2 3 4 5 6 REVENUES 7 8 Refer to Table 1. What is the marginal revenue from selling the 2nd shirt? Total Marginal ($/unit) Revenue Revenue 170 160 150 140 130 120 110 100 90

Q: c. How much total consumer surplus will each of them receive at a price of $32?

A: Last parts C and d are answered below:

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