What is producer surplus

Assignment Help Macroeconomics
Reference no: EM131293225

Suppose that a monopolist faces a demand of p=a-2q, where a=100 and mc=10. Suppose the monopolist uses 1st degree price discrimination. What is producer surplus?

Reference no: EM131293225

Questions Cloud

Compute shins minimum amortization of the actuarial loss : Shin Corporation had a projected benefit obligation of $3,181,600 and plan assets of $3,361,300 at January 1, 2014. Shin also had a net actuarial loss of $493,890 in accumulated OCI at January 1, 2014. The average remaining service period of Shin’s e..
Eclecticism-practicality and imperialism : In this assignment, you will discuss these 3 values (eclecticism, practicality, and imperialism) and give examples of how the Roman people's actions exhibited that these were their values.
What are the benefits and risks associated with segmentation : They argue that technology had made it far too easy to track buyer behavior and personal information. What are the benefits and risks associated with individualized segmentation?
Under principle of lower of cost and net realizable value : Under the principle of lower of cost and net realizable value, when a company has 10 units of inventory A with net realizable value of $50 and a cost of $60, what is the adjustment?
What is producer surplus : Suppose that a monopolist faces a demand of p=a-2q, where a=100 and mc=10. Suppose the monopolist uses 1st degree price discrimination. What is producer surplus?
How is quality of healthcare data defined : How is quality of healthcare data defined? In terms of accuracy, completeness, or relevance? If there are multiple or conflicting definitions of quality, in your opinion, which is the best definition? What are the factors that contribute to poor data..
What firm sells their permits and how many do they sell : 1. What firm sells their permits and how many do they sell? 2. What firm(s) buys the permits and how many do they buy?
What about the opinions of your friends : How do you define public opinion? Can you think of ways your opinion has been formed around certain issues? What about the opinions of your friends?
What did standard rate company record as goodwill : At the beginning of fiscal 2014, Standard Rate Company acquired a small savings and loan association for $68 million. The book value of the assets of the acquired company were $174 million, its liabilities $115 million. What did Standard Rate Company..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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