A monopolist produces a product with price, quantity sold and marginal cost as shown in the table below. The fixed cost is $50. Price ($) Quantity Sold Marginal Cost ($) 100 1 20 90 2 30 80 3 40 70 4 50 60 5 60   (a) If the monopolist need to sell at a standard price, determine the optimal quantity, the price, and the profit of the monopolist.   (b) If the monopolist can practice perfect price discrimination, determine the optimal quantity, the price and the profit of the monopolist.

A monopolist facing a demand p=1000 - 10Q has costs TC(Q) = 5Q^2 + 100Q. (a) What is the monopolist’s profit maximizing quantity and price? What is the induced DWL? (b) Suppose, on top of the costs above, the firm now also pays; (i) A flat fee of 1000 dollars, (ii) half of the profits, (iii) 150 dollars per unit sold, (iv) half of the revenue. Separately for each of these 4 cases, calculate the profit maximizing price and quantity for the monopolist with these new augmented costs. Does any of these scenarios alter the DWL associated with the monopoly, compared to (a)? (c) Forget about (a) and (b), and consider a monopoly in general. Show on a single graph with general costs (ATC and MC graphs) and a general demand, what quantity monopoly should produce in order to maximize ; (i) Total Revenue, or (ii) the number of units sold, under the condition that the firm does not make losses

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?

A monopolist sells 15 holiday greeting cards for $5.00 apiece. If the monopolist desires to sell a 16th card, then the price must be lowered to $4.90. The marginal revenue earned from selling the additional card is $