A monopoly faces a demand function Q= 3600/p^2 and a cost function C(Q) = 5Q + 80. (a) Find the monopoly’s profit-maximizing output and price. (b) Calculate the monopoly’s profit and producer surplus.

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A: Since you have asked multiple parts question, we will solve the first three parts for you. If you…

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A: The demand function shows the functional relationship between change in quantity demanded due to…

Q: The Spacing Guild has a monopoly on space transport. They sell tickets (Q) for seats on starships…

A: a market in which there is only one single seller is called monopoly.

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A: a) Given  Invesre Demand of a monopolistp = 100 − Q +√A Total Revenue TR = Price (P) * Quantity…

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A: To find the monopolist's profit-maximizing quantity (Q) and price (P), we need to follow these…

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A: Given, P = 20-Q C = 20-2q + 2q (2) (2) = squared

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Q: perfectly competitive

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A: Q(P)= 16,137-489P C(Q)= 11,296+17Q

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A: p= 300 - (1/3000)q+20t MC = 12

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