What is market-clearing price for discriminating monopolists

Assignment Help Econometrics
Reference no: EM13221746

A discriminating monopolist faces the demand schedule Pmkt = 225 - Q and MC = 125 a) What is the market-clearing price for the discriminating monopolist? b) How much will the monopolist produce? c) What is the net profits of the monopolist? d) Would the consumer be better off if the discriminating monopolist was forced to be a simple monopolist?

Reference no: EM13221746

Questions Cloud

What is the variance estimate of this activity : One of the activities on the critical path has an optimistic time of 5 minutes, a most likely time of 6, and a pessimistic time of 17. What is the variance estimate of this activity?
What are the best styles to have as a leader : The textbook gives examples of what is expected of leadership styles in different cultures. Give examples of the leadership styles discussed in different countries. What are the "best" styles to have as a leader?
Explain what is the instantaneous rate of the reaction : If the half-life of a first-order reaction is 4.609 hours what is the instantaneous rate of the reaction in M/day when the concentration of A equals 0.251 M?
Determine the hourly capacity of each process stage : Determine the hourly capacity of each process stage and the number of machines needed to meet an output rate of 20,000 units per hour. How does facility layout impact your numerical analysis and process efficiency? Explain.
What is market-clearing price for discriminating monopolists : A discriminating monopolist faces the demand schedule Pmkt = 225 - Q and MC = 125 a) What is the market-clearing price for the discriminating monopolist b) How much will the monopolist produce c) What is the net profits of the monopolist
Explain at what temperature in celsius would the rate : At what temperature in Celsius would the rate be 5.000 times faster than it is at 36.6 degrees Celsius for a reaction with an activation energy of 16,243 J/mol?
Explain steps needed for a successful selection of software : Explain the steps needed for a successful selection of software.
Define what is the rate of appearance of p in mol : For the following reaction: 2A + B + C --> 3P If the rate of disappearance of A ((delta)A/(delta)t) is -0.77 mol/(L s), what is the rate of appearance of P in mol/(L s)?
At what price would the number of tickets be sold : If the theater is open, the owners have to pay a fixed nightly amount of $500 to show a film. In addition, the movie house incurs an additional cost of two dollars for each person that attends a movie.

Reviews

Write a Review

Econometrics Questions & Answers

  What are the opportunity costs and the mc

Suppose you currently earn $23,000 a year. You are considering a job that will increase your lifetime earnings by $230,000 but that requires an MBA. The job will mean also attending business school for two years at an annual cost of $28,000.

  What is the breakeven cost of gas if the car will be driven

Consider two cars. One has a price of $30,000. It averages 20 miles per gallon. A $1,500 tax credit is offered by the government for this vehicle. The other has a price of $27,000. It averages 16 miles per gallon. Interest rate= 3% per year.

  Determine the reaction function of each firm

Assume the market is characterized by a Cournot oligopoly. Determine the reaction function of each firm. Determine the equilibrium output level for each firm. Determine the equilibrium market price. Determine the market output. Determine the market p..

  Calculate the explicit costs and implicit costs

A woman managing a photocopy establishment for $25,000 per year decides to open her own duplicating place. Her revenue during the first year of operation is $120,000, and her expenses are as follows: Salaries- $45,000, Supplies $15,000, Rent- $10,..

  What are the monopolists total cost and total revenue

dollars per unit = 8.00, 6.00, 5.00, 4.50, 3.00 and Units per Period = 5,000 , 8,000 a) what is the monopolist's profit-maximizing output b)At the profit-maximizing output rate, what are the monoplist's average total cost and average revenue

  Which markovich still would be willing to build the plant

Markovich Corporation is considering building a new plant. It will cost $1 million today to build it and it will generate revenues of $1.121 million three years from today. Of the interest rates below, which is the highest interest rate at which M..

  Illustrate each hypothesis with a supply and demand curve

In 1970 and 1980, the nominal price of motor fuel rose much more rapidly than the general price level, pushing up the relative price of motor fuel. As we would expect, the quantity sold decreased. In 1981 and 1982, the relative price leveled off a..

  By how much should expect chocolate syrup sales to increase

A grocery store notices that the cross-price elasticity between ice cream and chocolate syrup is -.3. The store is advertising a sale with ice cream prices reduced by 20%. By how much should they expect chocolate syrup sales to increase

  What value of t will the null hypothesis not be rejected

A random sample of size 15 is selected from a normal population. The population standard deviation is unknown. Assume that a two-tailed test at the 0.10 significance level is to be used. For what value of t will the null hypothesis not be rejected

  How many units will this firm produce in the short-run

Given below are the cost schedules for a perfectly competitive firm. Average Average Variable Total Marginal Quantity Cost Cost Cost 1 $ 50 $ 90 $ 50 2 45 65 40 3 40 53 30 4 35 45 20 5 34 42 30 6 35 41 40 7 37 43 50 8 40 45 60

  Find economic and accounting profit of charlies business

Let's explore the business of Charlie the Weaver. He owns a loom which he could sell for $100,000, but instead uses himself. He spends 1250 hours per year on his weaving. He makes little square placemats of different Hollywood scenes that sell for..

  Find the government spending multiplier

On the planet Omicron Persei 8, government spending is $1000, net taxes are $1200, and planned investment is $1400. Consumers spend according to the equation C = 100 + 0.8Yd, where Yd represents disposable income.

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!

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