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A monopolist has the total cost function

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A monopolist has the total cost function c(q) = 200 + 4q. The demand function is q = 30 ? 0.5p, where prices and costs are measured in dollars.;What is the profit-maximising price that will prevail in this market?;What is the profit-maximising quantity that will prevail in this market?;What is the monopolist's profits?;(Assume that the industry in question is of national significance, and the monopolist is not allowed to shut down, even if it makes losses.) If the firm is required by law to meet demand at a price equal to its marginal costs;What is the price that will prevail in the regulated market?;What quantity will the monopolist supply in the regulated market?;What quantity will the monopolist supply in the regulated market?;What will the firm's profits be in the regulated market?

 

Paper#26928 | Written in 18-Jul-2015

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