Suppose a monopolist has TC = 100 + 10Q + 2 Q2, and the demand curve it faces is p = 90 -2Q. What will be the price, quantity, and profit for this firm?

How, if at all, will a monopolist respond to a rise in the price of an input? (provide explanation with graphs)

An amusement park has identified its demand functions as follows: Q = 50-3P The marginal operating cost of each unit of quantity is $5 and there are no fixed costs. The park is a monopolist and exercises significant price making power in the market. 1. If the monopolist charges same price for every unit, for what price are his profits maximized? How many units will be sold at that price? What are his total profits?

Consider the following cost and demand information for a monopolist. Demand is Qm = 34 - 1*Qm,    Total Cost is TC = 20 + 2*Qm + .5*Qm2. At the profit-maximizing quantity, marginal revenue and marginal cost are equal to $........?

Suppose the inverse demand function for a monopolist's product is given by P=100-2Q and the cost function isC(Q)=10+2Q. What is the firm's profit-maximizing maximum profits?A. $1,115B. $1,109C. $1,190.5D. $2,100.5

Find the economic profit of a monopolist using the following information: Demand: p = 130—3Q Total cost: TC = 100 + 30Q

The demand curve for a monopolist is inelastic. Why?

QUESTION 1 A. The total cost function for a monopolist is given by TC = 44,000 + 180Q + 0.03Q² and the demand function is P = 420 – 0.06Q per unit of output. i. What is the profit maximising level of output? ii. Calculate the profit maximizing price. iii. Calculate total profit at the profit maximising level of output.

The data below relate to a monopolist and the product it produces. If the firm wants to produce where marginal revenue equals marginal cost, what is the firm's profit? Quantity Price per Unit Total Cost 0 $22 $20 1 $20 $24 2 $18 $27 3 $15 $32 4 $14 $40 5 $12 $49 6 $10 $59

Consider a monopolist who faces the following demand function           P = 100 – 2Q. The firm’s cost function is given by           C(Q) = 10 + 2Q What are the profit maximizing output and price? What is the profit at this point?