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Suppose there is a monopolist in the market for a specific video game facing a demand curve: P = 26 - 0

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Suppose there is a monopolist in the market for a specific video game facing a demand curve: P = 26 - 0.5Q. The monopolist marginal cost curve is MC = 6, its total variable costs are TVC = 6Q and it faces a total fixed costs equal TFC = $154.

a) Graph the demand curve and marginal cost curve, then derive and graph the marginal revenue curve.

b) Calculate the equilibrium monopoly quantity and price.
Monopolist's Quantity = ? Monopolist's Price = ?

c) What is the profit for the monopoly?
Monopoly Profit = $?

d) What is the consumer surplus?
Consumer Surplus = $?