Monopolists demand curve and the cost information

Assignment Help Business Economics
Reference no: EM13982233

The table below shows a monopolist’s demand curve and the cost information for the production of its good. What will their profits equal? Quantity: 10,20,30,40 Price per unit: 100,80,60,40,20 Total Cost: 100,400,800,1400,2400

A. $1,200 B. $1,600 C. $1,000 D. $600

Reference no: EM13982233

Questions Cloud

How humanistic theories affect individual personalities : Analyze how humanistic and existential theories affect individual personalities
What intensity in milliwatts per square meter does measure : A second observer hovers in a blimp at an altitude of 571 m and measures the radiation intensity from the antenna when she is 1.41 km from the antenna. What intensity, in milliwatts per square meter, does she measure?
In the framework of an oligopoly : In the framework of an oligopoly, what strategy can work like a silent form of cooperation?
How would you explain to either the president or the ceo : Consider both sides of the argument and come to a decision of whether to close the plant or continue to operate it.
Monopolists demand curve and the cost information : The table below shows a monopolist’s demand curve and the cost information for the production of its good. What will their profits equal? Quantity: 10,20,30,40 Price per unit: 100,80,60,40,20 Total Cost: 100,400,800,1400,2400
How long on average does it take an electron to travel : If the current through the wire is 2.0 A , how long on average does it take an electron to travel from the switch at the pedal to one of the brake lights? The number density of free electrons in copper is n = 8.4 x 1028 electrons/m3. Suppose that ..
Models of operations and information management : Critically analyse the theory, concepts and models of operations and information management and demonstrate an understanding of the strategic importance of information management in global organisations.
What is the ratio of the signal strength measured : Observer B is on the street, with a direct-line distance of only 169 m from the antenna. What is the ratio of the signal strength measured by B, IB, to that measured by A, IA?
Should they torture the prisoner : Suppose a situation presents itself in which we have strong reasons to believe a major attack on U.S. soil is immanent and that many lives will be put in danger. Should they torture the prisoner

Reviews

Write a Review

Business Economics Questions & Answers

  Sole supplier of labor

Suppose a union is the sole supplier of labor to all the firms in an oligopoly, such as the United Auto Workers is to General Motors, Ford, Chrysler, and so on.What is the subgame-perfect outcome of this game? How (and why) does the number of firms a..

  Qsuppose you elasticity of demand for your parking lot

q.suppose you elasticity of demand for your parking lot spaces are -0.5 and price is 20 per day. if your mc is zero

  Consulting firm of sands-gravel-concrete and waters

Rose is a Project Manager at the civil engineering consulting firm of Sands, Gravel, Concrete, and Waters, Inc. She has been collecting data on a project however not all the data is available. She has been able to find out that the 10th pillar requir..

  Economys macro equilibrium position

Suppose aggregate supply shifts to the left by $2,000 at each price level. What happens to the economy's macro equilibrium position? Suppose aggregate demand shifts to the right by $4,000 at each price level. What happns to the economy's macro equili..

  How far below or above his goal will he be

He plans to marry at about the end of year 6 and will skip the investment contribution that year. How far below or above his $300,000 goal will he be?

  What would be the resulting rate of inflation

Suppose that natural real output in the country of Eudemonia grows at a steady rate of 3 percent per year. In the past, velocity has been approximately constant, and the Eudemonia Central Bank has maintained a target rate of growth of 4 percent per y..

  Federal reserve would increase the money supply

Explain the 4 ways the Federal Reserve would increase the money Supply and explain and graph how this would impact interest rates, consumption, and investment, AD, GDP, Prices and Unemployment. (Make sure to include both the money and the goods graph..

  Member of the commonwealth of independent states

Which former Soviet republic currently a member of the Commonwealth of Independent States (CIS) has been the most economically successful in making this transition.

  Gross domestic product is above equilibrium level

In the classical model, a shift to the right of the aggregate demand would result in. If real Gross Domestic Product (GDP) is above its equilibrium level: When private expenditures decrease as a result of increased government spending, this is known ..

  The economy is operating beyond the full employment output

the economy is operating beyond the full employment output level thus producing rapid rise in prices of goods and

  About customers in the zone of indifference

Which of the following is true about customers in the zone of indifference?

  In a perfectly competitive factor market

In a perfectly competitive factor market, a firm faces a(n):

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