AutoSave . Off) Econ 301 - Fall 2019 - Blue Final (1) - Word Search (Alt+Q) Vasili, Justin B VJ X File Home Insert Draw Design Layout References Mailings Review View Help Share Comments & Cut Find Calibri (Body) 11 ~ A" A Aa Ap EVENEVENT AaBbCcDd AaBbCcDd AaBbC AaBbcc Aab AaBbCCD Lol S'c Replace Paste [ Copy 1 Normal 1 No Spac.. Heading 1 Subtitle Dictate Editor Reuse Format Painter BIU ab X X A LA Heading 2 Title Sensitivity Select Files Clipboard Font Paragraph Styles Editing Voice Sensitivity Editor Reuse Files BLUE Final Exam Page 4 of 8 Econ 301 - Fall 2019 21. For a given profit maximizing firm in an industry, demand is Q = 800 - (1/5)P. The firm's costs of production C(Q) = 350,000 + 502, with dC(Q) = 100.. If this firm cannot price discriminate it will produce and sell units of output. a) 100 b) 200 c) 400 d) 800 e) None of the above are correct. 22 . For a given profit maximizing firm in an industry, demand is Q = 800 - (1/5)P. The firm's costs of production c(Q) = 350,000 + 502, with dC(Q) = 100. At this firm's profit maximizing level of output, the Lerner index equals: a) 3/4 b) 2/3 c) 1/2 d) 1/3 e) None of the above are correct:.. 23 . For a given profit maximizing firm in an industry, demand is Q = 800 - (1/5)P. The firm's costs of production C(Q) = 350,000 + 502, with dC(Q) = 100. If the price elasticity of demand for the total industry's product, ET, is - 0.6, and this is a representative firm, we can conclude that the Rothschild index equals: a) 1.0 b) 0.75 c) 0.33 d) 0.2 e) None of the above are correct. Page 4 of 8 2236 words CX " Focus + 100% 8:02 PM Type here to search w 53F Cloudy 12/14/2021