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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? $

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? $

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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? $
Transcribed Image Text: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? $
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