has a xed cost of $200 000. What will uns optimal decision be, and what will be the resulting market structure? Now assume that instead of having two firms in the market, we have a monopoly facing the in P(Q) = 400 - 100. The monopoly's marginal cost is $10. d) Find the price PM and the quantity QM that the monopoly will optimally choose. Find profit лM. e) Suppose that the monopoly described in (d) can first degree price discriminate. Find (c Monopoly's quantity, price, profit, the consumer surplus and the deadweight loss in thi representative graph here.
has a xed cost of $200 000. What will uns optimal decision be, and what will be the resulting market structure? Now assume that instead of having two firms in the market, we have a monopoly facing the in P(Q) = 400 - 100. The monopoly's marginal cost is $10. d) Find the price PM and the quantity QM that the monopoly will optimally choose. Find profit лM. e) Suppose that the monopoly described in (d) can first degree price discriminate. Find (c Monopoly's quantity, price, profit, the consumer surplus and the deadweight loss in thi representative graph here.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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