100 120 140 If this monopolist was regulated to charge the efficient price, what price would be set?

If a profit maximizing monopolist operates where P=$1 and the e = -4/3, what is the value of its MC when it is maximizing profits?

Multiple Choice pervey $10 for its product. $12 for its product $16 for its product. $8 for its product.

b bMy Question X WMonop HW X Σ Σ G + f G Office Editing for Docs, Sheets & Slides chrome-extension://bpmcpldpdmajfigpchkicefoigmkfalc/... The quantity has been found for you by finding where MC-MR. The monopolist sets price by charging as high as demand will bear at that quantity. So once the quantity has been found, go upon the dotted is the price. Total Revenue is PxQ, Total costs are found by finding the average cost and multiplving by O. ATC AVC 100 100 MR What is the optimal quantity? What is the price? What is Total Revenue? What is Total Cost? What is Total Variable Cost? What is Total Fixed Cost? [Hint: Average fixed cost is the vertical distance between the ATC and AVC curves at the optimal Q.] Is there a profit or a loss? How much? 8 11:02

When will a monopoly be economically efficient?      a if it produces where the marginal cost equals the average cost b if it produces where the marginal cost is greater than the average cost c if it produces where the marginal cost is less than the average cost d if it produces where the marginal cost equals the price

You are an analyst for De Boers, the monopoly producer of diamonds. You are given the following market information: P = -4QD + 76 P = 8Qs + 10 TC = 40 + 15Q? MC = 30Q

The figure below depicts a monopoly: 50 45 40+ 35 30+ 25 20+ 15 10+ 5- Price MR -MC-ATC Demand 50 100 150 200 250 300 350 400 450 500 550 600 Quantity If the monopolist cannot price discriminate, then consumer surplus amounts to

What is the profit maximizing/ loss minimizing quantity of output? How do you know? Explain.  What is the maximum price the monopolist can charge?  Is this monopolist making economic profit or economic loss? How do you know? Explain.  Show the economic profit/loss on the graph.  Calculate the firms profit or loss