What is the source of DWL? What is the recipe for finding the area of consumer surplus (CS)? Hint: your answer should include the word "area".

Please solve fast with correct answer and explanation

I need answer typing clear urjent no chatgpt used i will give upvotes all answers

Do not use chatgpt

Kindly explain the steps involved. I want to understand the intuition behind it. Thank you!

detail explanation req

Only typed answer and don't use chat gpt

N.B: it is not a graded question

AutoSave W- q5 micro OFF Home Insert Draw Design Layout References Mailings Review View Share O Comments Calibri (Bod... v 11 A^ A Аa v AaBbCcDdE AaBbCcDdEe AaBb( AaBbCcDc AaBbCcDdE€ AqBbCcDdEe > Paste A A No Spacing Subtle Emph... Styles Pane Sensitivity v ab X, Subtitle U Normal Heading 1 Heading 2 Title * Office Update To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Check for Updates Consider a monopolist that produces coal for energy, with demand curve defined by P = 190 – 20 and marginal cost given by MC = 10 + 2Q. Also, the firm's average total cost is ATC = 100/Q + Q+ 10. (Price and costs are in dollars per tonne of coal, while quantity is in thousands of tonnes.) Calculate the monopolisť's profit-maximizing quantity, price, and profit. For a monopoly, profit maximization occurs where the marginal revenue equals the marginal cost. a. b. What would be the competitive output and price if this monopolist operated as a competitive firm?…

plz solve both parts within 30-40 mins I'll give upvote