If the monopolist is incurring a short run economic loss, what are some options the monopolist has?

Refer to the above data. The monopolist will realize a

In the following situation, what should the monopolist do to maximize profit? Select the best answer. A monopolist is currently producing a level of output such that marginal revenue is $143 and marginal cost is $109. The monopolist then sets a price based on demand for the current level of output. Answer 2 Points Keyboard Shortcuts The monopolist should decrease output and decrease price. The monopolist should increase output and increase price. The monopolist should incs The monopolist should decrease output and increase price.

A monopolist faces a demand curve, Q=100-2P and has a constant marginal cost of 10. It has no fixed costs. a. If the monopolist can only charge a single price, it should charge P*= v and produce Q*= v units. b. If the monopolist can charge a separate price for any units sold beyond Q*, then the price of these additional units will lead to additional profit if it is any price in the range of v.A monopolist that charges a separate price for additional units is practicing v price discrimination. c. Now suppose that the monopolist can perfectly price discriminate. What quantity will it produce? d. In terms of social welfare, total surplus will be highest in the pricing scheme described in part v and lowest in the pricing scheme described in part e. In terms of profitability, profit will be highest in the pricing scheme described in part v and lowest in the priceing scheme described in part