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Suppose that a monopoly has fixed costs of $1000 and marginal cost of $100. They face a straight market demand curve that runs from $500 on the price axis to 1000 on the quantity axis.
a. Plot their demand, marginal revenue, marginal cost and average total cost on graph paper.
b. Indicate their profit-maximizing quantity.
c. How much profit will they make at that quantity?
d. Why is this firm a natural monopolist?
Do protectionist policies benefit producers, consumers, workers, or the government
The difference between the cost to produce the CDs and the price you paid for them spending $30 on two new CDs spending $30 on dinner and a movie with your friends.
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Suppose your firm produces electricity by burning coal. Currently it buys central Appalachia 12,500 BTU per ton coal at the market price of $52 per ton.
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What price and quantity will prevail if the monopolist isn’t regulated? What price-output combination would exist with efficient pricing (MC = P)?
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The firm has monthly cash expenses of $180.what is the projected ending cash balance at the end of February.
Hero Nakamura is CEO of the Cola King Bottling Company a small regional producer operating in the Pacific Northwest. Nakamura is considering two alternative expansion proposals
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