Use the following graph to answer the next question. $50 MC $45 ATC $40 $35 $20 D MR 10 20 25 40 Quantity What is the profit maximizing quantity of output fo pure monopoly?

Is a monopoly always undesirable? Support your answer with a diagram. (Limit your answer to 1 side of A4 paper)

If demand curve for monopoly is Q = 75 – P/2 and average variable cost is 50 and fixed cost is 25, what is the profit maximizing output and price?

Calculate the maximum profit if the market is a monopoly according to this diagram in the image below.

Not sure how to complete the chart

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How to calculate profit or loss in monopoly market ??

DeBeers has a monopoly on the production of diamonds. Use the following graph showing the demand, MR and cost curves of DeBeers to answer the questions below. How many carats of diamonds does DeBeers produce to maximize its annual profit? What price does it charge? How much annual profit does it make? If DeBeers was producing at the allocatively efficient level of output, how many carats of diamonds would it produce? What price would it charge? Suppose that the government decided to regulate DeBeers monopoly and imposes a price ceiling of $50 per carat of diamonds. How many carats of diamonds would DeBeers produce? What price would it charge? What profit would it make?

What are the entry barriers to Monopoly? Using the case of an electricity company operating a power plant identify at least two and explain briefly.

How does monopoly compare with pure competition in terms of price, output, and efficiency? Explain.