Question: Suppose a monopolist is characterized as follo table [ [ P = 1 2 0 0 - 6 Q , demand curve for the
Suppose a monopolist is characterized as follo
tabledemand curve for the monopolisttotal cost function for the monopolistmarginal cost function for the monopolist
To maximize its profit, the monopolist should produce units of output. Enter your response rounded to two decimal places.
The company's profitmaximizing price is $ Enter your response rounded to two decimal places.
The monopolist's profit is $ Enter your resporke rounded to two decimal places.
Suppose the government imposes a specific tax of $ per unit on the monopolist. To maximize profit, the monopolist should now produce units of output. Enter your response rounded to decimal places.
When the tax is imposed, the monopolist's profitmaximizing price becomes $Enter your response rounded to two decimal places.
As a result of the tax, the monopolist raises its price by
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