N8 The following graph shows a monopolistfirm selling good A.Use the given information to answerquestions 32 - 36.$90$50$38$30$12100Question 32D Question 33D Question 34MR130D Question 35MCHow much is the profit-maximizingprice?Answer: The profit-maximizing price =$DHow much is the maximized profit?Answer: The maximized profit =$Question 36ATCQuantityHow much is the CS? (Don't forget tomultiply 0.5 to get the area of atriangle.)Answer: CS=$Suppose the government regulates themarket such that the monopolistic firmmakes zero profit. Find the quantitysuch that the firm makes zero profit.(This is a bonus question. This questionis worth 3 points.)Good B is a substitute for good A. Ifgood B becomes more expensive,(a) what happens to the MR curve?[Select](b) will the maximized profit increase ordecrease? [Select]O

In the monopoly market profit is maximized where the MR =MC. Monopoly market is characterized by the…

Answered: The following graph shows a monopolist…

Business

Economics

The following graph shows a monopolist firm selling good A. Use the given information to answer

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Sub : EconomicsPls answer ASAP.Dnt CHATGPT.I ll upvote. Thank You
Question 2 pls give the right answer with right numbers, many people get it wrong Full explain this morning and text typing work only thanks
A recent college graduate has received the annual salaries shown in the following table over the past four years. During this time, the Consumer Price Index (CPI) has performed as indicated in the table below. Determine the annual salaries in year-zero Sterling Pound £ (b = 0), using the CPI as the indicator of general price inflation. End of Year Salary (Actual £) Consumer Price Index (CPI) 1 £34,000 2.4% 2 £36,200 1.9% 3 £38,800 3.3% 4 £41,500 3.4%
The American company produces cars in the territory of Russia. To do this, t imports auto parts produced in the US, for a sum of 20,000 dollars Then workers build cars, the cost of which is 35000 dollars. $5,000 goes to pay indirect taxes, $7,000 for workers' salaries (of which $2,000 is the wages of US citizens working for hire), The remainder of the funds is the company's net profit. Determine how the activity of this company is takeoJoto count in GDP and GNI of Russia and the United States and in the National Income of Russia and the US 1. Russian GDP will increase by 2. Russian GNP will increase by 3. US GDP will increase by 4. US GNP will increase by
Second Example – Make vs. Buy • A manufacturer makes 3 types of products, requiring differing amounts of time & raw material: • Model A: 2 Hours of Wiring, 1 Hour of Harnessing, $50 Raw Material • Model B: 1.5 Hours of Wiring, 2 Hours of Harnessing. $83 Raw Material • Model C: 3 Hours of Wiring, 1 Hour of Harnessing, S145 Raw Material • They received a $750,000 order for the following units: 3,000 Model A, 2,000 Model B, 900 Model C • Unfortunately, the manufacturer only has 10,000 hours of Wiring and 5,000 hours of Harnessing available. • Luckily, they can buy additional units to fulfill the order from another manufacturer at the following costs: • Model A: $61 • Model B: $97 • Model C: $145 • What is the maximum profit the manufacturer can make while fulfilling the order? And how many units are bought (subcontracted) from the other manufacturer?
An investment of $10,000 today, will pay 6 yearly payments of $2,500 each. Determine the rate of return on this investment to the second decimal place.
Macmillan Learning Investment - End of Chapter Problem In your first year of work you deposit $1,200 in your retirement account at an 8% interest rate. Calculate how much your investment is worth after each of the given time periods. Round your answers to the nearest dollar. 5 years: $ 20 years: $ 40 years: $ 1763 4320 Incorrect 8640 Incorrect 10 years: $ 30 years: $ 50 years: $ 2160 Incorrect 6480 Incorrect 10800 Incorrect
!
gle Chrome /evo/index.html?deploymentld%3D56736719115714608139104112999&elSBN=9781337096607&snapshotld=1586258&id%3709153660& Q Search this course * CENGAGE MINDTAP Homework (Ch 11) 5. Interest, inflation, and purchasing power Suppose Alyssa is a cinephile and buys only movie tickets. Alyssa deposits $2,000 in a bank account that pays an annual nominal interest rate of 15%. Assume this interest rate is fixed-that is, it won't change over time. At the time of her deposit, a movie ticket is priced at $20.00. 100 movie tickets. Initially, the purchasing power of Alyssa's $2,000 deposit is For each of the annual inflation rates given in the following table, first determine the new price of a movie ticket, assuming it rises at the rate of inflation. Then enter the corresponding purchasing power of Alyssa's deposit after one year in the first row of the table for each inflation rate. Finally, enter the value for the real interest rate at each of the given inflation rates. Hint: Round your…
A company has two wings producing two products - Product 1 and Product 2. P and P2 are price per unit for Product 1 and Product 2 respectively. Similarly, q1 and q2 are the respective amount of units produced for Product 1 and Product 2. Pj and P2 are related to qı and q2 by the equations P = 155q2 + 26q – $92, P2 = 295q1 + 18q{ – 9ź91- The total cost of production for the company is given by, C = 100q192. The total relative profit is R =total profit/total cost , where total profit =total revenue – total cost; and total revenue = ( Price per unit of product 1* quantity of product 1) + (Price per unit of product 2 * quantity of product 2) a. Find the relative profit Ras a function of q1 and q2 and simplify the expression. b. Given that the company produces q1 units of Product 1 what amount of units q of Product 2 will maximize the total relative profit Rfor the company. c. Given that the company produces q2 units of Product 2 what amount of hits q Product 1 will maximize the total…
If i=10% Find the value of F of this diagram. 100 100 90 90 80 80 70 70 60 60 50 D 1 2 3 4 5 6 7 8 9 10 11 F=?
Use the unchanged price level PO to find the disequilibrium expenditure. Which of the graphs correctly represent the very short term AS/AD disequilibrium? (b) P 2 P 2 a b nd A 1 1 46.34 A 1 I 46.34 (a) 54 1 A Eo (c) 54 Eo (Ctrl) ASO AD₁ AD AS ADO Y P 2 r Eo 5.4% 4.25%- I 46.34 A ADO Eo AS 46.34 54 (d) LM₁ LM₂ EA X IS 54 AD₁ → Y Y