Question: Lagre automatisk . AV n A . C 6 9 ... Homework 4 Econ 102 Fall 2022 Q Hjem Sett inn Tegn Utforming Oppsett Referanser

Lagre automatisk . AV n A . C 6 9 ... Homework 4 Econ 102 Fall 2022 Q Hjem Sett inn Tegn Utforming Oppsett Referanser Masseutsendelser Se gjennom Visning Grammarly Fortell Del Redigering Kommentarer Calibri v 11 A A Aav Ap AaBbCcDdEe AaBbCcDdEe Aa BbCcDc AaBbCcDdE AaBb( AaBbCcDdEE Aa BbCcDdEe AaBbCcDdEe Lim inn F K U vab X X|A DAY Normal Ingen mello... Overskrift 1 Overskrift 2 Tittel Undertittel Svak utheving Utheving Stiler-rute Dikter Redaktor Open Grammarly 1. (50 Total Points) Suppose a monopolist faces the following demand curve: P = 180 -4Q. Also uppose the Marginal Cost of production for the monopolist is constant and equal to 20. So MC = 20. Also, the monopolist has no fixed costs. a) (7 points) How much output should the monopolist produce in order to maximize profit? b) (7 points) What price should the monopolist charge to maximize profit? c) (7 points) How much Consumer Surplus will consumer's get when the monopolist maximizes profit? d) (7 points) How much profit will the monopolist make? Side 1 av 3 236 ord X Engelsk (USA) Fokus E + 100%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
