Question: Co 4G 37% 6:21 PM Assignment - Individual.pdf E e. Assuming the price of employing the inputs is 5 birr each, calculate the values of

 Co 4G 37% 6:21 PM Assignment - Individual.pdf E e. Assuming

Co 4G 37% 6:21 PM Assignment - Individual.pdf E e. Assuming the price of employing the inputs is 5 birr each, calculate the values of the marginal 69% cts 2 the production. mic law CAR he followi is Margin Lost? State its significance in cost analysis once AVO RTHOUSE suitable examples the graph. between an AC curve Distin graph. List out the factors that cause economies and a of scale. 13. Assuming the cost function faced by coca-cola plc is given as TC-1000 + 20 +0.01Q2 and the price charged per bottle is birr10. Using the MC-MR approach, determine i. The output that maximizes profit ii. The maximum profit level iii. From the cost function differentiate between the total fixed cost and total Variable cost 14. Assume there is a tendency of moving from competitive to monopoly output. If the demand and total cost functions are Q=100-2P and TC=140+2Q" respectively a. Determine Price (Ppe) and output (Ope) in perfect competitive market and price (P,.) and output (Qmm) in monopoly market. b. Show the equilibrium outputs and prices you obtained in (a) above graphically. c. Calculate part of consumer surplus which is transferred to the monopolist due to inefficiency of monopoly. d. Calculate the social cost (net loss or dead weight loss) of monopoly. 3

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!