Question: Hi, i need help with part (d) and (e). Thanks Question 4 Alpha is the only company that produces smartphones in a city. The diagram
Hi, i need help with part (d) and (e).
Thanks


Question 4 Alpha is the only company that produces smartphones in a city. The diagram below depicts the demand and the cost function of producing smartphones by Alpha. Price $1000 $350 $180 $100 ATC MC MR D 40 90 160 180 QuantityGroup-based Assignment Compute the demand equation for Alpha. (6 marks) Identify the optimal output and the price for Alpha. Calculate the prot or loss for Alpha at this output. (12 marks) Suppose that the CEO of Alpha decides that maximising social welfare is more important than maximising prots. Calculate the price, output and prot or loss when Alpha produces smartphoncs at the social welfare maximising output level. (10 marks) Compare the welfare between Alpha as a prot maximiser and welfare maximiser. Is the society better off with Alpha as a social welfare-maximising rm or as a prot-maximising rrn'.7 You need to consider both the shortrun and the long-um situation and explain. (8 marks) How would Alpha sustain the output level that maximises the social welfare for the society? Explain. (4 marks) - END OF ASSIGNMENT - ge 6 f 6 SINGAPORE UNIVERSITY OF SOCIAL SCIENCE Pap Sof
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