8. In a market with a monopoly that faces direct demand Q(P c(Q) = dQ- eQ² then the firm's marginal revenue function is a. c. a-2bQ d. none of the above 9. The figure to the right shows the market with a negative externality. The competitive equilibrium quantity is a. A b. B c. C d. D 10. The figure to the right shows the market with a negative externality. The monopoly equilibrium quantity is. a. A b. B MR bP, and cost function AB C D MC₂ P(Q) MC,

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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8. In a market with a monopoly that faces direct demand Q(P) = a bP, and cost function
c(Q)=dQ - eQ² then the firm's marginal revenue function is
a.
b. a-Q
c. a-2bQ
d. none of the above
▸9. The figure to the right shows the market with a
negative externality. The competitive equilibrium
quantity is
a. A
b. B
c. c
d. D
10. The figure to the right shows the market with a
negative externality. The monopoly equilibrium
quantity is
a. A
b. B
c. C
d. D
MR
AB C D
MC₂
-MC,
P(Q)
Transcribed Image Text:8. In a market with a monopoly that faces direct demand Q(P) = a bP, and cost function c(Q)=dQ - eQ² then the firm's marginal revenue function is a. b. a-Q c. a-2bQ d. none of the above ▸9. The figure to the right shows the market with a negative externality. The competitive equilibrium quantity is a. A b. B c. c d. D 10. The figure to the right shows the market with a negative externality. The monopoly equilibrium quantity is a. A b. B c. C d. D MR AB C D MC₂ -MC, P(Q)
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