Suppose Inverse market demand is given as P = 110 - 2Q. Market supply is given as Q = 10 + P. Also assume ATC = %3D 0.25*Q. How many units of the product would the perfectly competitive market supply? What would the equilibrium price be? a. b. What is the profit maximizing price and quantity if this market is a monopoly? Calculate the profit of the monopoly. Calculate the deadweight loss created and consumer surplus when this market became a monopoly. C.

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I need help with these homework t questions What price will the firm charge if it maximizes profit? How much Labor and Capital will the firm hire? What is the value of Consumer Surplus in this market?

help with two questions attached

Suppose that the demand for good x is given by : P=100-8q Marginal cost of production is given by : P=10+2q MR is given by 100-16q  What will the equilibrium quantity and price be in a competivite market?  Calculate consumer, producer and total surplus.  If we contrast this market to one in which good x is produced by a monopoly, what will be the quantity produced and the price each unit will be sold as?  Calculate consumer, producer and total surplus.  What will be the loss in total surplus due to a monopolist?

Consider the following market demand p=  20 - 0.02 Q where p is the price in $ or kilo and Q  is the quantity demanded in kilo/ per week.The  marginal cost of schedule is given by MC = 2 + 0.03 Q. a. if this were a perfectly competitive market what would be the equilibrium price and quantity show your work? b. if this were a monopolized market what would be the equilibrium price and quantity show your work? c. what is the dead weight loss in the monopolized market give the number and show your work?

A monopoly can sell 20 units of output for $18 per unit. Alternatively it can sell 21 units of output for $16 per unit. The marginal revenue of the 21st unit of output is... [If the answer is negative, please include the minus sign in your answer]