Calculate dead weight lossarising from the monopoly

Assignment Help Macroeconomics
Reference no: EM131271356

Demand P (q)=100-2q Total Costs C(q)=10+20q . Calculate marginalcost for a firm in this industry. The marginal cost is graphedbelow, what is special or interesting about this marginal costfunction? Verify the monopolist equilibrium is (Q=20,P=60). What isthe perfectly competitive equilibrium? Calculate dead weight lossarising from the monopoly equilibrium.

Reference no: EM131271356

Questions Cloud

Explain your most challenging students in your classroom : Identify your three most challenging students in your classroom. Challenging may be defined as disruptive, underperforming, significantly economically disadvantaged, or any other situation that impedes student achievement.
Connecting a hypothetical network a to network b : Suppose for the case under consideration in this section (i.e., two coherent groups of generators) that we lose all the lines connecting a hypothetical network A to network B at t = 0, and then all the breakers reclose after T seconds.
In which of the four types of organizational cultures : In which of the four types of organizational cultures?family, Eiffel Tower, guided missile, or incubator?would most people in the United States feel comfortable? In which would most Japanese feel comfortable? Based on your answers, what conclusions c..
Microeconomic problem and a macroeconomic problem : What is an example of a microeconomic problem and a macroeconomic problem?
Calculate dead weight lossarising from the monopoly : The marginal cost is graphedbelow, what is special or interesting about this marginal costfunction? Verify the monopolist equilibrium is (Q=20,P=60). What isthe perfectly competitive equilibrium? Calculate dead weight lossarising from the monopoly..
Organizational cultures and diversity : When comparing the negotiating styles and strategies of French versus Spanish negotiators, a number of sharp contrasts are evident. What are three of these, and what could MNCs do to improve their position when negotiating with either group?
What aspects of expatriate selection should you highlight : The corporate objective is to use intra-regional international assignments for cross-border project teamwork between their various operations within the region. What aspects of expatriate selection should you highlight in your presentation?
What was the leader greatest achievement : What was the leader's greatest achievement? Identify a significant challenge the leader faced and how the challenge was handled. Did the response align more with a managerial role or a leadership role
Quantitative approaches to managerial decision making : Discuss the different roles played by the qualitative and quantitative approaches to managerial decision making. Why is it important for a manager or decision maker to have a good understanding of both of these approaches to decision making? Give an ..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Differentiate between primary and secondary markets

Describe the role of the financial institutions and financial markets in our economy. Differentiate between primary and secondary markets. Differentiate between money and capital markets.

  Indicators of an economic recession

A general slowdown in economic activity is termed an economic recession. This is caused by fall in aggregate monetary demand What are the indicators of an economic recession?

  What is the phillips curve

What is the Phillips curve? Is the curve completely useless or do you think it can have some use in today's economy? Why or why not?

  Competitors and new entrants

What strategies that must be considered by company in response to challenges arisen from competitors and new entrants?

  Calculate profit for quantity

Calculate profit for each quantity. How much should the firm produce to maximize profit? Calculate marginal revenue and marginal cost for each quantity.

  Percentage change in the college student population

In a certain year, the population of a small college in Canada was 6500. Ten years later, the student population reached 8000. The percentage change in the college's student population over the ten-year period was:

  Elucidate how education- research and development

Elucidate how education, research and development, and technology affect productivity.

  Propose a strategy to bring the economy out of recession

Suppose that you are the chief economic advisor to the president of the United States. You are asked to propose a strategy to bring the economy out of recession.

  Explain the basic socio-demographic information

Explain basic socio-demographic information, such as population, major ethnic groups, religions, age distribution, educational attainment, etc. The name of the country and it's geographic location.

  Price floor would lead to surplus in the market

When the demand line is perfectly elastic, there is no deadweight loss after taxation and firms must not operate if the market price is less than ‘break-even' price.

  The shape of the long-run cost curve is determined

The shape of the long-run cost curve is determined by economies and diseconomies of scale. Contrast this curve with the short-run cost curve as it relates to increasing and diminishing marginal returns to labor.

  Utility function and total wealth

What is the amount of the difference between the maximum premium and AFP, and what is this called?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd