Answered: d. Suppose the government wants to move…

d. Suppose the government wants to move this market to the efficient quantity by imposing a per-unit subsidy in this market. Find the dollar amount per unit of output for this subsidy.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

d. Suppose the government wants to move this market to the efficient
quantity by imposing a per-unit subsidy in this market. Find the dollar
amount per unit of output for this subsidy.

3.
A monopolist has the long run cost function C(O)=100+0². Inverse
market demand is PD (Q)=330-30.

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