A monopoly sells to a market with demand ?(p) = 100/p2 and has a cost ?(q) = q.   (a)  Find the inverse demand curve, profit maximising quantity and profit.   (b)  If the market was competitive, what price would be charged?

Based on the best available econometric estimates, the market elasticity of demand for your firm's product is -3.0. The marginal cost of producing the product is constant at $150, while average total cost at current production levels is $215. Determine your optimal per unit price if: Instructions: Enter your responses rounded to two decimal places. a. you are a monopolist. 2$ b. you compete against one other firm in a Cournot oligopoly. $ C. you compete against 19 other firms in a Cournot oligopoly. 2$

a) What is the per unit cost of the product? b) What are the demand and inverse demand functions? Now assume the local government begins to provide 100 units per week at the market price. c) What is the residual demand left for the monopolist?

A monopolist faces a demand curve P = 64−2Q and MR = 64−4Q. His marginal cost is MC = 16. (a) Graph the three functions and compute the profit maximizing output and price. (b) Compute the efficient level of output (where MC=demand), and compute the DWL associated with producing the profit maximizing output rather than the efficient output. (c) Suppose the government gave the monopolist a subsidy of $4 per unit produced. The MC would be reduced accordingly to $12 from $16. Compute the profit maximizing output level and the deadweight loss associated with this new output. Explain intuitively why the DWL has changed.    

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Based on the best available econometric estimates, the market elasticity of demand for your firm's product is -2.0. The marginal cost of producing the product is constant at $75, while average total cost at current production levels is $140. Determine your optimal per unit price if: Instructions: Enter your responses rounded to two decimal places. a. you are a monopolist. $ b. you compete against one other firm in a Cournot oligopoly. $ 139 * c. you compete against 19 other firms in a Cournot oligopoly. S 130

Consider the market for good x for which there is one firm controlling the market.D(q)=165-10qMC(q)=5q+15MR(q)=165-20qC(q)=2.5q^2+15q+8 (a) Find the point of equilibrium. (b) How many units must the firm produce and sell to maximize its profits? (c) What will be the price the firm will charge to consumers?

A monopoly company has a demand curve that can be shown as P = 3 000 - 100Q. It has fixed costs of R1 000 and additional cost per unit produced of R200. 1. a) What is the total cost equation? [2] 2. b) What is the marginal cost equation? [2] 3. c) What is the total revenue equation? [2]

Give explanation of the correct option and explanation of the incorrect options. Note: Dear expert hand written is not allowed.

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