A monopolist has a cost function c(q) = 5q+800 and faces aggregate demand q=3000-120p. Suppose first that monopolist sells q=400 units. The monopolist's revenue would be The monopolist profit would be The absolute value of the price elasticity of demand would be The consumer surplus would be

Q: Practice Haddie makes and sells knit scarves. N she will pay a $25 fee for the use of a at a craft…

A: Profit is the difference between total revenue and total cost.  Total revenue is the product of…

Q: Why do we call Why do we have phone's How can we us our mobile to call people from overseas

A: Why do we call This is in line with the previous explanation that most of callers call to find a…

Q: Contract.

A: Each organisation will have its own contract. Some will have more clauses, while others will have…

Q: 10 basic goods and services needed by people

A: Goods:- It  can be anything from  supplies,merchandise, raw materials to already finished products.…

Q: GST was first introduced in which country ?

A: GST was introduced in many countries to reduce the tax evasion.

Q: I also need help with C and D

A: The advertisement cost is a sunk cost, and this is exceptionally prominent in the oligopoly market.…

Q: Just 2.9 Only D,E,F and G

A: NOTE : Since you have asked a question with multiple sub-parts, we will answer the first three…

Q: How was TVC calculated?

A: TVC is total variable cost in a cost structure of a model. Total variable cost is showing the…

Q: 5 Difference between firm and industries

A: In economics, a firm refers to a for-profit business organization which provides goods and services…

Q: Jewelry Fish New Zealand 500 180 India 400 220

A: International trade helps the country so special in the manufacturing of a product in which they…

Q: What does the total revenue represent?a

A: The income generated from normal commercial activities can be demarcated as revenue.

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: How are the annual revenues and expenses estimated?

A: The annual revenue can be estimated by multiply the units of goods and services sold to the price…

Q: How purchasing power affect the business?

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Listed 40 name of multinational company in Malaysia.

A: A multinational company is known to be as a company which has its office located into different…

Q: What is transport infrastructure

A: Infrastructure is organisational structure which is required for the societal operation.

Q: What is GST in Canada? How does it works? and it's Importance?

A: The Goods and Services Tax (GST) in Canada is a value-added tax introduced by the federal government…

Q: The table represents the labor hours needed to make a bottle of wine or a pound of cheese in the…

A: When a nation is in a position to produce one commodity with an opportunity cost that is lesser than…

Q: What about 2& 3?

A: In an economy, an individual will make his consumption decision based on his preferences and that…

Q: What is estate tax. Don't use any ai pls.

A: An estate tax, additionally known as an inheritance tax, is a tax on the property transfer from a…

Q: firm marimize How its Arofit ?

A: The main motive of every firm is to maximize its profits. Profit is the driving force of any…

Q: d C b a U 0 30 50 75 W 100

A: Step 1:I would rather win a gift card so I can get whatever I want; it would depend on the gift…

Q: Assume that the base year is 2012. Consider the following data on nominal GDP: Year Nominal GDP 2011…

A: The base year is 2012 In the base year, nominal GDP and real GDP are equal.  The nominal GDP in 2012…

Q: B  (iii) to (v)

A: AC(average cost) is the ratio of the TC(total cost) and the q(quantity). It is U-shaped in…

Q: Explain Grant

A: Grant: It is a sum of money that is being paid to an individual or an institution by any government…

Q: Renting would be better than buying for an individual who does not want to need to pay for…

A: Renting - Renting is the amount paid for using the property and this use can be for personal…

Q: allon) $2.20 $2.00 $1.80 $1.60 $1.40 $1.20 $1.00 D i. 300 400 500 600 700 800 Quantity of Gasoline…

A: Disclaimer :- since you asked multipart questions we are solving first 3 subparts as per given…

Q: IF DISTRIBUTORS GET 55 MILLION HOW VALUE CAPTURED IS 330 MILLION ?

A: When distributors receive 55 million, the value captured of 330 million can be understood through…

Q: You buy a watch that costs $45.50. The tax on the watch is 7.5%. What is the final cost?

A: Given: The cost of the watch is = $45.50 The tax on the watch is = 7.5% To Find: The final cost:

Q: What is land property

A: Land: It refers to the asset of the people. More land with the people shows that are rich. The less…

Q: What's rop settlement

A: A process of business whereby interests or securities in the securities are being delivered, usually…

Q: Is it rational to buy more of something if the price goes up? Why or Why Not?

A: Rational: In the context of economics and decision-making, being rational means making choices and…

Q: How any coffee shop could be CSR?

A: Corporate social responsibility (CSR) refers to a kind of worldwide private corporate…

Q: Stakeholders )of a company can include A-customers B.shareowners C- employees d -all the above

A: Stakeholders in a simple language are the persons who show their interest in the company and whose…

Q: how to solve this question, and if it is possible without plagiarism, (one paragraph essay not more…

A: Here are some serious issues:  Water contaminations are seemingly the greatest key natural trouble…

Q: What are the two kinds of Indian budget?

A: Introduction - The French word "bougettee," from which the English word "budget" is derived, refers…

Q: When compared to a large business, a small business has O roles that are shared across a larger…

A: An organization or entity that is being engaged in activities of industrial, commercial, or…

Q: 69. Quantity of a certain commodity that is bought at a certain price at a given place and time.…

A: Dear student as you have posted multiple questions on the portal, but according to policies and…

Q: Government-imposed taxes cause reductions in the activity that is being taxed, which has important…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

Q: You have 5 kids and work 2 jobs to help support your family. You work a day job from 8:00 am to 4:00…

A: Production possibility frontier is a graphical representation that shows different possible outcomes…

Q: True/False Personal income include personal taxes

A: Income includes the wages, salaries, dividends, transfer earnings etc, that is, anything that is a…