топороту II. GRAPH Regular Monopoly Natural Monopoly Show Deadweight Loss On Show Economic Profit/Loss On ($) Price, Average/Marginal Cost གླུ ིི⪜ཞྲི་ཤཱ ཎྜ R R གླུ 225 200 175 150 125 100 SETTINGS ATC MC=AVC MR D 0 20 40 60 80 100 120 140 160 180 Quantity (units per month) Reset PROFIT CALCULATIONS Market Price (P) $125.00 Cost Structure Low Cost High Cost Marginal Revenue (MR) $50.00 b C d с t 9 h 1 k Marginal Cost (MC) $55.00 Quantity 10 Quantity 60 Revenue $7,500.00 120 Costs $5,700.00 Profit $1,800.00 Instructions: Make sure the interactive is set to "Natural Monopoly" on the upper right side of the Graph section. When "Natural Monopoly" is selected, it will have a dark blue background. With the Cost Structure (in the settings section) set to "b" a. What is the profit maximizing quantity? units b. What is the maximum profit (minimum loss) that can be earned? $ c. What is the marginal revenue? $ d. What is the marginal cost? $ e. What is the profit maximizing / loss minimizing price? $

1. For a price searching firm it's marginal revenue curve  (a). Is below it's marginal cost curve (b). Must be vertical (c). Must be horizontal (d). Is below it's a demand curve  2. The most common source of illegal Monopoly today is (a). Predatory pricing  (b). Intellectual property rights (c). Royal edict (d). Natural monopoly  3. The market demand is given by p= 420-0.05Q, vrp is the price of the good and Q is the quantity demanded at that price. The monopolist marginal revenue function in this market is  (a). MR= 210-0.05Q (b). MR= 420-0.05Q (c). MR= 420- 0.025Q (d). MR= 420-0.1Q 4. In the monopolized ( profit maximizing) market equilibrium p> MC( the price exceeds the marginal cost) this implies that  (a). The consumer surplus is equal to the producer surplus  (b). The total value of the good is maximized (c). The equilibrium is Marshall inefficient (d). The market price is equal to the market quantity  5. The market demand is given Q= 440-40P, where P is the price of the good…

1. How much total revenue does the monopoly firmmake? 2. How much total cost does the monopoly firm incur? 3. How much total profit does the firm make?

please answer in text form and in proper format answer with must explanation , calculation for each part and steps clearly

Price (dollars per jacket) 888888 180 160 140 120 100 60 40 20 0 80 160 MC profit; $13,000 profit; $7,200 Oloss; $8,000 In the figure above, Gap's economic loss: $13,000 ATC The figure shows the demand curve for Gap jackets (D), and Gap's marginal revenue curve (MR), marginal cost curve (MC), and average total cost curve (ATC). MR 240 320 400 Quantity (jackets per day)

QUESTION 30 50 45 40 35 30 25 20 15 10 5 5 a monopoly firm 10 . 15 MR 20 25 MC 30. If this firm maximizes short-term profit, what is the maximum total profit it can earn? a) $126 b) $27 c) $378 d) $9 e) $140 30 ATC DALLA D AVC 35

TC 50 TR 40 30 20 10 10 15 20 25 30 Quantity (units per day) 34) The figure above shows a monopoly's total revenue and total cost curves. The monopoly's economic profit is positive if it produces between A) 0 and 20 units. B) 5 and 20 units. C) 0 and 15 units. D) 0 and 5 units. Total revenue and total cost (dollars per day)

Question Maxin Suppose a monopolist could charge a different price to every customer based on how much he or she were willing and able to pay (versus charging the same price to all their customers). How would this affect the monopolist's profits? Why? Description Answer eacho Use the editor to format your answer 10 Roints

Dollars ✔ 5,000 0 MC D ATC AVC MR 50 Number of gold hula hoops Figure 10.4 Q Refer to Figure 10.4. The Exclusive Gift Company has a monopoly over the sale of gold hula hoops. This company is currently selling 50 gold hula hoops at a price of $5,000. You are hired as an economic consultant to this company. You should advise this monopolist to shut down in the short run and exit the industry in the long run. O produce in the short run but exit the industry in the long run if conditions do not change. produce in the short run and expand capacity in the long run. shut down in the short run but expand capacity in the long run if conditions do not change.

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.