Given the data in the table. at what quantity would a purely competitive firm cover all of its costs and earn only normal prots? Multiple Choice 0 0:10 5 0 20 O Q o O MC ATC Price MR P O Q Q Q 2 Quantity Refer to the diagram. By producing at output level Q, Multiple Choice O neither productive nor allocationficiency is achieved. O both productive and allocation efficiency are achieved. O allocation efficiency is achieved, but productive efficiency is not. O productive efficiency is achieved, but allocation efficiency is not.Quantity of Output Total Cost Product Price $250 $ 500 1 260 300 2 290 250 350 200 480 150 5 700 100 If the profit-maximizing pure monopolist whose information is in the accompanying table is able to price discriminate, charging each customer the price associated with each given level of output, how much profit will the firm earn? Multiple Choice O $120 O $250 O $420 O $300Assume the top six firms comprising an industry have market shares of 10, 8, 8, 5, 5, and 4 percent. The remaining 30 firms each have market shares of 2 percent. The Herfindahl index for this industry is Multiple Choice O 253 O 31. O 414. O 294.A firm decides to make a $40 million expenditure on research and development that will create a new product. This product is expected to generate a one-time increase in the firm's revenues by a total of $150 million a year later. The firm also estimates that the production cost of the new product will be $107 million, also realized one year after the initial R&D expenditure. What is the expected rate of return on this research and development expenditure? Multiple Choice O 12.5 percent O 9.3 percent O 7.5 percent O 28.7 percent