What are the monopolist profits

Reference no: EM131093425

Econ 111: Principles of Economics- Accelerated Treatment - Quiz 5

A monopolist is facing a linear demand curve of Q = 200 - 2P, and MC= AC = 20.

a) Graph the average revenue (AR), marginal revenue (MR), and marginal cost (MC) curves for this monopolist. Make sure you mark all intercepts on your graph.

b) Which output quantity, Q*, maximizes profits for the monopolist? Why? Show Q* on your graph.

c) What are the monopolist's profits at Q*? Show these max. profits on your graph.

Reference no: EM131093425

Questions Cloud

Research and find a cool supply chain technology : Research and find a cool supply chain technology that is being used to insure safe and healthy foodstuffs within a retail business of our choice. What federal regulations must that followed to insure such safe and healthy food in that cool supply ..

Determine the computational burden of the algorithm : Determine the computational burden of the algorith

Is relationship between ethnicity - racism and inequality : As we observe the interaction of different peoples in a society, and certainly within societies in the United States, we are aware of the inequality of wealth, the access to new technology, how people with certain skin colors are treated different..

Manage food and beverage waste and recycling operations : Identify three issues to manage food and beverage waste and recycling operations and suggest solutions. Give an example from some organization or company or the military.

What are the monopolist profits : Econ 111: Principles of Economics- Accelerated Treatment - Quiz 5. A monopolist is facing a linear demand curve of Q = 200 - 2P, and MC= AC = 20. What are the monopolist's profits at Q*? Show these max. profits on your graph

Calculate the maximum loss : 1. A call option is purchased for $8 and exercised at its exercise price of 50. About six months later the stock is sold for $100. Calculate total gains or losses.

Give an estimate of saving in computations in terms of m l : Which algorithm is better if we wish to compute all points of the DFT? What happens if we want to compute only the points X(0), X(1), X(2), and X(3)? Establish a rule to choose between DIT and DIF pruning depending on the values of M and L.

Write your findings as a well-organized short report : For this final Graded Writing Assignment, you will compose a Short Report based on one of the scenarios outlined below. You must choose one of the scenarios listed below; papers submitted reflecting a scenario other than those listed below (even ..

Prepare necessary entries assuming nop stock is classified : Instructions: Prepare the necessary entries for 2006, 2007, and 2008, assuming the NOP stock is classified as a trading security.

User Account

All Pages