What is the monopolist profit maximizing level of output

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Reference no: EM1370539

Assume a monopolist faces the following demand curve:

P = 180 - 4Q. Marginal cost of production is stable and equal to $20, and there're no fixed costs.

A) What is the monopolist's profit maximizing level of output?

B) What price will the profit maximizing monopolist charge?

C) How much profit will the monopolist make if she maximizes her profit?

D) Find out the value of consumer surplus?

E) Find out the value of the deadweight loss created by this monopoly?

Reference no: EM1370539

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