A. On each graph, identify the market level of output. On the first graph, label this output level Q and on the second graph, label this output level Qpe- (Hint: Remember that you must first identify the MR curve before selecting the quantity that will be produced.)
b. On each graph, identify the market price for the good. On the first graplı, label this price
P.., and on the second graph, label this price pe
c. Compare the level of production and the price of the good in the two markets. Which market outcome is better for consumers? Explain your answer.

d. Is there a deadweight loss in either of the two graphs? If there is a deadweight loss, shade
in the relevant area on the graph.