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Question: 4. (12 pts.) race Assume there are no fixed costs. elets. uppose that Genuinecrystals, Inc., is a...
Question: 4. (12 pts.) race Assume there are no fixed costs. elets. uppose that Genuinecrystals, Inc., is a...

Show transcribed image text 4. (12 pts.) race Assume there are no fixed costs. elets. uppose that Genuinecrystals, Inc., is a single-price monopolist in the market for crystal Price per crystal braceletl 300 1 2 3 4 s 6 7 8 9 10 Quantity (crystal bracelets per dayl a. (3 pts.) How many computers will the monopolist sell to maximize profits? Explain how you know b. (3 pts.) According to the graph, at what price will the monopolist each how sell computer? Explain you know this. calculations and shade this area on your graph.

4. (12 pts.) race Assume there are no fixed costs. elets. uppose that Genuinecrystals, Inc., is a single-price monopolist in the market for crystal Price per crystal braceletl 300 1 2 3 4 s 6 7 8 9 10 Quantity (crystal bracelets per dayl a. (3 pts.) How many computers will the monopolist sell to maximize profits? Explain how you know b. (3 pts.) According to the graph, at what price will the monopolist each how sell computer? Explain you know this. calculations and shade this area on your graph.