A perfectly price-discriminating monopolist: shifts the demand curve for its product to the right by producing where MC = MR. will cause a greater welfare loss than will a monopolist that is not price-discriminating. captures some or all of the consumer surplus. increases both consumer surplus and producer surplus.

You agreed with a seller to pay Opel car of $32,000, as follows: you paid $20,000 as aninitial payment. The plan is to pay the price of the car plus the interest amount by the endof the 10th year. At the end of the third year, you managed to pay $2,000. Find theamount of money that the seller will receive after 10 years. The interest rate is (use thelast two digits of your student ID) per year. Tip: use tables and draw cash flow

Show that a monopolist facing inverse demand p(q) = q2 + 10 with constant marginal utility MC 5 will produce on the elastic segment of the demand curve.

Monopolist faces a demand curve P = 210-4Q and initially faces a constant marginal cost $40. Calculate the profit maximizing quantity.

A monopolist has the following fixed and variable costs:

A simple profit-maximizing monopolist with a continuous linear demand curve has positive marginal costs at all levels of production above X = 0. Which one of the following statements is FALSE in the short run? Select one: a. At the chosen level of output, an increase in the price of the good will necessarily reduce total revenue b.At the chosen level of output, demand for the good is price elastic c. At the chosen level of output, the monopolist is not maximizing total revenue d.At the chosen level of output, economic profit is necessarily positive

Answer multiple choice

A monopolist maximizes profit by producing:   Group of answer choices   on the inelastic portion of the demand curve   at the level where average cost is minimized   at the point where the cost of producing the last unit of output equals price.   at the output level where marginal revenue equals marginal cost   at the level where the deadweight loss is minimized.

A monopolist has set her level of output to maximize profit. The firm's marginal revenue is $20, and the price elasticity of demand is -2.0. The firm's profit maximizing price is approximately ✓. The Lerner index of monopoly power is In a perfectly competitive market, the Lerner index is

A market is characterized by an inverse demand equal to P = 500 – 4Q and total cost of production equal to TC(Q) = 20Q. Compute equilibrium quantity, price, and profit when there is a single monopolist.