Find the profit maximizing output and monopoly profit, Managerial Economics

The demand curve for the product of a monopolist is a straight line such that quantity just falls to zero at a price of Rs 20 per unit and that the maximum quantity (at zero price) is 10000 units. The monopolist has no resource limitation and can produce any output at constant average cost of Rs 2 per unit.

Find the profit maximizing output, the price at which it will be sold, and the monopoly profit.

 

Posted Date: 4/1/2013 6:19:24 AM | Location : United States







Related Discussions:- Find the profit maximizing output and monopoly profit, Assignment Help, Ask Question on Find the profit maximizing output and monopoly profit, Get Answer, Expert's Help, Find the profit maximizing output and monopoly profit Discussions

Write discussion on Find the profit maximizing output and monopoly profit
Your posts are moderated
Related Questions

CAPITAL MARKETS Markets in which financial resources (money, bonds, stocks) are traded i.e. the provision of longer term finance - anything from bank loans to investment in pe

in the context of oligopoly theory explain the channels via which either a cost reduction or a quantity increase influence a supplier''s profitability

In the national income analysis, investment refers to the value of than part of the aggregate output for any given time period which takes the form of construction of new structure

Now, let's modify our model a bit. Let's add a fourth sector of spending so that Y = C + I + G + X n with X = X o and M = M = f (Y). Will this change, by itself, increase, decrea

State the Specific Time of demand Demand should be assigned specific time. For instance, it is an incomplete proclamation to state that demand of air conditioners is 4,000 at t

Barriers to entry in pure oligopoly The barriers to entry can be artificial or natural. Artificial Barriers This can be acquired through: State protection throu

Calculate point elasticity of demand for demand function Q=10-2p for decrease in price from Rs 3 to Rs 2

You have recently gained employment with a computer consultancy company. Due to your specialist knowledge in the areas of Human Factors and usability, your manager considers that y

Environmental issues of Managerial economics Managerial economics also includes some aspects of macroeconomics. These relate to political and social environment in that anin