Calculating equilibrium price and quantity for monopoly

Assignment Help Macroeconomics
Reference no: EM1312460

A Monopolist is deciding how to allocate output between two markets. The two markets are separated geographically. Demand and marginal revenue for the two markets are given by:

P1 = 50- Q1                                                                                                            

P2 = 25 - 0.5Q2                                                                                                                       

The monopolist's can serve both markets at a constant marginal cost of $10.00

What are price, output, profits marginal revenue and deadweight loss (in each market) if the monopolist can price discriminate?

Reference no: EM1312460

Questions Cloud

Understanding basics of genetics. : If the genotype of an organism is YySsTt, then yST would represent. the genotype of the offspring. a gamete of that parent organism. a possible phenotype of the offspring.
Kinetic friction between the block and the table : Determine the coefficient of kinetic friction between the block & the table.
Decision making on profit maximization by marginal analysis : Suppose the marginal expense of hiring another worker is $150 and the marginal expense of hiring current workers for an extra hour is $10.
Acid-test ratio and rate of return on total assets : Calculate the following ratios at December 31 2008 acid-test ratio and rate of return on total assets
Calculating equilibrium price and quantity for monopoly : A Monopolist is deciding how to allocate output between two markets. The two markets are separated geographically. Demand and marginal revenue for the two markets are given by:
Determine the rate of return for the ratios : Determine the rate of return for the ratios - The following information has been taken from the financial statements of the Gaines Company. Gaines Company has only issued common stock
Explaining the basics of genetics : Prior to protein synthesis, the DNA: attracts tRNAs with appropriate amino acids. adheres to ribosomes for protein synthesis.
Developing percent frequency distribution : Develop percent frequency distribution and construct bar chart and pie chart.
Determine the location of the center of mass : Determine the location of the center of mass of the molecule as measured from the hydrogen atom (Chlorine is 35 times more massive than hydrogen.).

Reviews

Write a Review

Macroeconomics Questions & Answers

  Computing the optimal level of inputs

Find the optimal level of inputs L* and K* that minimize the cost of producing Q0. What is the cost of production associated to L* and K*?

  Understanding international macro economy

The questions posed are broad and open ended so be careful to allow yourself enough research and planning time.

  Variables which are based on experience of us economy

Discuss the relationship between each of the following variables based on the experience of U.S. economy over the past 30 years.

  Long-run labor demand and factor substitutability

Questions on Long-Run Labor Demand and Factor Substitutability, Own-price elasticity, Cross-price elasticity

  Evaluate total revenue-marginal revenue-total cost

Compute total revenue, marginal revenue, total cost and profit at each quantity.  What quantity would a profit-maximizing publisher choose? What price would it charge?

  Macroeconomics questions

Macroeconomics questions,  discuss the short-run and long-run effects,  Keynesian model,  Distinguish between ongoing demand pull and ongoing cost push inflation.

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Labor performance and product price

"A substantial number of relatively unskilled persons reported that they can't find work. At the same time, there're many unfilled jobs for relatively skilled people. Apparently, the problem is that there're more unskilled peop..

  Economic statements about purely competitive firms

Assume that a price support system for cotton requires the federal government to pay farmers $3,000 for each acre to not plant cotton. How would you shift either the supply or demand curve for cotton to describe the effect of this action? In your a..

  Change in work incentive and work

Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.

  Calculation of gain and loss

The annual demand for coffee by the U.S consumers is Q = 250 - 10P. Compute the lost consumer surplus?

  Concepts of minimum wage thery and monopoly market

Explain why a monopolist will never set a price (and produce the corresponding output) at which the demand is price-inelastic.

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