BN 6.3 (c) (d) Case: Firm A is the Owner of all the Good A Stores in City A. The Market Demand Curve for a Set of Good A is: P=300-Q The Marginal Revenue Curve associated with this Demand Curve is: MR=300-2Q The Firm faces Costs of: TC=150Q+0.5Q² MC=150+ Q The City A Council needs help to determine if they should regulate Firm A? Please Answer Questions 6.3(c) & 6.3(d) - Only. Thanks! c. One member of city council suggests regulation that allows Firm A to charge the average cost of Good A. Calculate the price and quantity of Good A sold under: Price (P) = Average Cost (AC) Regulation d. Is Firm A Better-Off or Worse-Off under P = AC Regulation?

Only typed answer and don't use chatgpt  . B) A monopoly has two production plants with cost functions C1 = 50 + 0.1Q12 and C2 = 30 + 0.05Q22. The demand it faces is Q = 500 - 10P. What is the profit-maximizing price?

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ASAP Suppose the market for kiwis has a demand curve of the form: Qd = 200-2Pd And that the costs of the monopoly producer of kiwis are determined by Total Cost (Q) = Variable Cost (Q) + Fixed Cost. C (Q) = Q² + 100. That is, its marginal cost will be: MgC (Qs) = 2Qs = Ps A. If the Government regulates this monopoly so that it does not generate welfare losses, how much should the maximum price to impose be? B. If the Government decides to grant a subsidy to reach the amount of the social optimum, would it stop having a loss of welfare? C. Bonus How much the subsidy should be for each unit so that the amount is reached in the social optimum.

1). The DeBeers company is a profit-maximizing monopolist that exercises monopoly power in the distribution of diamonds. If the company earns positive economic profits this year, the price of diamonds will:         Exceed the marginal cost of diamonds but equal to the average total cost of diamonds.  Exceed both the marginal cost and the average total cost of diamonds.       Be equal to the marginal cost of diamonds.        Be equal to the average total cost of diamonds. 2). Using 100 workers and 10 machines, a firm can produce 10,000 units of output; using 250 workers and 25 machines, the firm produces 21,000 units of output. These facts are best explained by:        Economies of scope Diseconomies of scale Diminishing marginal productivity Economies of scale 3). Suppose that college tuition is higher this year than last and that more students are…

#8. If government regulation forces firms in an industry to internalize the externality, then we can expect the equilibrium price of the good to ________ and the equilibrium quantity to ________. a. increase; increase b. increase; decrease c. decrease; decrease d. decrease; increase e. increase; remain unchanged

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The diagram below represents a monopoly market with one privately owned power generator. P 90 75 60 45 30 15 10 20 30 40 ATC 50 b1. Show the expected social losses from having a monopoly. Draw in any extra lines you need to show your solution. b2. If a law is passed requiring marginal cost pricing in the above market, what problem would there be for this privately owned power generator. Support your answer with a diagram.

1. The cost function for any potential firm in a manufacturing industry is C(y) = 2 + 8y + 2y? (if a firm exits the industry, then its cost is zero). The inverse market demand function is given by P(y) = 100 – 2y. (a) If there is only one firm in the industry (the firm is a monopolist), what is the optimal output and the markup of the firm in equilibrium?

3. Assume inverse demand function for game console in an imaginary country is P=1200-4Q and the total cost function is TC=400+4Q². Government put $120 of specific tax on production. a. If the market is competitive what is the incidence of tax on consumer? b. If the market is monopolist what is the incidence of tax on consumer?