User Account

All Pages

Write down the total revenue function of the monopolist

Assignment Help Business Management
Reference no: EM131309518

1. The demand curve facing a monopolist is given by q(p)=10200-100p and its cost function is of the form c(q)=(q^2)/2.

(a) Write down the total revenue function of the monopolist.

(b) Write down the marginal revenue function.

(c) Calculate the equilibrium price and output of the monopolist.

(d) Calculate producer surplus in the market.

(e) Calculate consumer surplus.

(f) Calculate the deadweight loss due to monopoly.

Reference no: EM131309518

Questions Cloud

Exception to the law of demand : Explain the law of demand. Briefly discuss the exception to the law of demand.
How much kryptonite should be produced : Draw an industry supply curve that reflects the tax you determined in part (d). Show that private producers, forced to internalize their externality by the tax, produce the socially optimal amount.
Find the natural frequencies and mode shape vectors : Solve for the x,y components of displacement of each joint using one bar element for each link. Show all work involving the assembly of the load vector and characteristic matrix. Once the global characteristic matrix is assembled, you may use Matl..
Example of products or industries : Part 1: Give one example of products or industries that has external economies of scale and dynamic increasing returns. Explain why?
Write down the total revenue function of the monopolist : 1. The demand curve facing a monopolist is given by q(p)=10200-100p and its cost function is of the form c(q)=(q^2)/2. (a) Write down the total revenue function of the monopolist. (b) Write down the marginal revenue function.
Price discrimination of second degree : A monopolist has 2 sets of customers distinguished by their demand functions p1=15-p1 and p2=25-2(q2)respectively. The total cost function of the firm is of the form C(Q)=5+3Q , where Q=q1+q2
Determining the multiplant monopoly : (Multiplant Monopoly) Consider a monopoly that faces the demand curve P=120-3Q, where Q =q1+ q2 is the total output from the two plants operated by the firm. The two plants are characterized by the total cost functions TC(q1)=10q1+10(q1)^2 and TC(..
Explain the adapter pattern using the standard format : Explain the Adapter Pattern using the standard format. Explain the Scrum agile model with a diagram. Explain the four "organizational paradigms" for software engineering teams.
What is the market price : a) How much output does each firm choose in the Nash equilibrium? b) What is the market price? c) How much profit does each firm make?

Reviews

Write a Review

Business Management Questions & Answers

  Custom vs pre canned motivation program

Prepare a custom motivation program or purchase one offered by a consulting firm. What are the dilemmas the manager faces in selecting either of theses alternatives?

  What are the different types of buyers and consumers1 what

what are the different types of buyers and consumers?1 what are the different types of buyers and consumers? how does

  Importance in selection and hiring practices

In 200 words, explain Job Relatedness and its importance in selection and hiring practices.

  What is the main focus of the mission statement

Which of the three mission statements most closely represents the actions of the corporations you have researched? Support your response with additional researched information.

  Illustration expects to collect an amount

The company in this illustration expects to collect an amount from its receivables that will notmaterially differ from $93,000. The related $7,000 expense is recorded in the same period as therevenue through an adjusting entry.

  Impact of culturefind cultural conflicts or issues in the

impact of culturefind cultural conflicts or issues in the company you selected?identify and discuss the sources of

  How would you integrate product or service to meet needs

How would you integrate this product or service to meet local or regional needs? What would need to be done today? Next week? Next month? Next year?

  Interpersonal conflict - managing strengths and weaknesses-

interpersonal conflict - managing strengths and weaknesses- make a small list of what you perceive to be your strengths

  Leadership styles explained in solution

Was he authoritarian and he Was transformational or transactional, or both

  Determine the type of business

Adapt your ideas to a specific audience and anticipate and address their concerns. Describe how your recommendation meets the program criteria

  Show the important features of a project communication plan

Contemporary thoughts on communication - Explain the important features of a project communication plan and considerations for implementation.

  Decide whether your company will expand internationally

Imagine that you are a marketer for Apple Computer. Decide whether your company will expand internationally into Mexico, India or China.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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