5. 52 xx The Industry Indicated by the accompanying graphs would be a(n) Multiple Choice constant-cost Industry. Increasing-cost industry. monopoly industry. decreasing-cost Industry.

Economic

please answer in text form and in proper format answer with must explanation , calculation for each part and steps clearly

please help

(1C) Individual profit earned by Dave, the oligopolist, depends on which of the following? (i) (ii) (iii) The quantity of output that Dave produces The quantities of output that the other firms in the market produce The extent of collusion between Dave and the other firms in the market a. (i) and (ii) b. (ii) and (iii) c. (iii) only d. (i), (ii), and (iii) Answer for Question 1C: (1D) Cameron lives in an apartment building and gets a $700 benefit from playing his stereo. Renee, who lives next door to Cameron and often loses sleep due to the music coming from Cameron's stereo, bears a $1,000 cost from the noise. At which of the following offers from Renee could both Renee and Cameron benefit from the silencing of Cameron's stereo? a. $250 b. $550 c. $750 d. $1,020 Answer for Question 1D: (1E) The market for Wellesley-branded refrigerator magnets has the following demand and supply curves respectively: QD = 16 – P and Q$ = 2*P – 8. The Town of Wellesley decides to impose a price of…

The graph shown represents the cost and revenue curves faced by a monopoly. 22 P3 P2 P1 PO MC ATC Q1 Q2 MR Which of the following statements is true? 1. The outcome in a monopoly market would be Q1, P1. II. The outcome in a perfectly competitive market would be Q2, P2. III. The efficient outcome is Q2, P2. Multiple Choice I and II only ○ I only II and Ill only I, II, and III b