Qgiven the demand function of a monopolistq 100

Qgiven the demand function of a monopolistq 100 - pand the

Assignment Help Business Economics

Reference no: EM13354812

Q. Given the demand function of a monopolist:

Q = 100 - P

and the cost function faces him/her:
C = 100 + 80 Q

a. Find out: equilibrium quantity (Q*), equilibrium price (P*), total revenue ©, average revenue (AR), marginal revenue (MR), total cost (C), average total cost (ATC), marginal cost (MC), total profit ( ), showing if there is a profit, break even, or loss faces this monopolistic firm.

b. Illustrate graphically the equilibrium of such a monopolistic firm.

Reference no: EM13354812

Questions Cloud

Q1 if the demand curve is qp 20-2p and the marginal cost : q1. if the demand curve is qp 20-2p and the marginal cost is constant at 8 what is the profit maximizing monopoly

Description building the right organisational : description building the right organisational culture.nbspthe organisationrsquos culture is often described as the

Qa new water pump has been purchased for 1400 that is : q.a new water pump has been purchased for 1400 that is expected to require 600 per year in annual operating costs plus

Q1 how concentrated are income gains among the top 110th of : q1. how concentrated are income gains among the top 110th of one percent?q2. how does cost-consciousness help in better

Qgiven the demand function of a monopolistq 100 - pand the : q.given the demand function of a monopolistq 100 - pand the cost function faces himherc 100 80 qa. find out

Qif the demand function for bananas is given by the : q.if the demand function for bananas is given by the following equationqd54000-6000pand the supply function for bananas

Quntil recently you worked as an accountant earning 30000 : q.until recently you worked as an accountant earning 30000 annually. then you inherited a piece of commercial real

Q1 when the value of a nations imports exceeds the value of : q1. when the value of a nations imports exceeds the value of that nations exports the nation is said to have what?q2.

Qa firm has developed a new product for which it has a : q.a firm has developed a new product for which it has a registered trademark. the firms market research department has

User Account

All Pages