User Account

All Pages

Monopolist charges a single-price for its product

Assignment Help Business Management
Reference no: EM131288769

Consider a monopoly that faces a market demand curve given as Q = 100 - P. The marginal cost of production for the monopolist is MC = $10. The monopolist faces total costs given by the following equation: TC=10 +10Q .

1. Write the demand equation in term of Q.

2. Suppose the monopolist charges a single-price for its product. What is the profit maximizing quantity and price for this single-price monopolist?

3. Calculate the monopolist's total revenue (TR), total costs (TC) and total profits at this price

4. Suppose the monopolist charges two different prices: $80 and $55. How many units will the monopolist sell at P = $80? At P = $55?

5. What are the total revenue (TR), total costs (TC) and total profits when the monopolist practices price discrimination? Compare these profits with b.

6. In words, explain what happens to consumer surplus when a monopolist charges different prices to different consumers?

Reference no: EM131288769

Questions Cloud

Residual value to the lessor on termination of the lease : On December 31, 2015, Reagan Inc. signed a lease for some equipment having a nine-year useful life with Silver Leasing Co. The lease payments are made by Reagan annually, beginning at signing date. Title does not transfer to the lessee, so the equipm..
Prepare a current year partnership tax return : Prepare a current year (2014 for this problem) partnership tax return for Dapper-Dons Partnership. You will need to complete the return using Forms 1065, Schedule K-1 for Form 1065 and 1125A for 2014 that you can access from the IRS web site (IRS...
Difference between a put option and a call option : What is the difference between a put option and a call option?? What distinguishes an American option from a European option?
Using existing capacity without affecting total fixed cost : A regular customer has asked Big Dan to fill a special order of 400 quarts at a selling price of $2.50 per quart for a special picnic. Big Dan can fill the order using existing capacity without affecting total fixed cost per month. How will the impac..
Monopolist charges a single-price for its product : Suppose the monopolist charges a single-price for its product. What is the profit maximizing quantity and price for this single-price monopolist? Calculate the monopolist's total revenue (TR), total costs (TC) and total profits at this price
What is the expected growth rate on this stock : If investors expect a return of 12% on a stock that is expected to have a dividend yield of 4% next year, what is the expected growth rate on this stock?
Create a complete business case for an idea : Develop complete business case for an idea. This may be a real example from your work environment or a fictional example from anywhere you choose. The basis for your business case is taken from the subject of your research paper.
Why would investor use a multiphase dividend discount model : If a company's dividends are expected to decline, is it possible to still use the constant growth dividend discount model? What is the relation between the expected return on a stock and the stock's dividend yield?
Exploring the art of indigenous cultures : All of the indigenous cultures that we have explored this week were at one time "discovered" by European explorers who often collected traditional art objects to take back with them to Europe as "curiosities." These objets d'artinspired collectors..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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