Assume the ATC equals four dollars this monopolist will earn how much profit

Q: This monopolist will charge a price (of)

A: A monopoly is a market structure in which there is only one seller, that enjoys significant market…

Q: The monopolist faces the demand curve D(p) = 100 – 2p. Its cost function is c(y) = 2y. What is your…

A: We have MC = dc(y)/dy = 2

Q: If the monopolist uses perfect price discrimination, what price will it charge?

A: A Monopolist is the only seller of a specific good in a market who has an opportunity to perform…

Q: If the price is greater than actual total cost, does the monopolist make a profit, loss, or…

A: Answer to the question is as follows :

Q: Consider a mature maket with a demand given by P=105.4-10Q The cost of production is given by C=10Q…

A: A monopoly firm is the sole producer of the good in the market and therefore a monopoly firm faces…

Q: where mc intersects d, price, ~3.25, output= ~5.75 b. How much profit does the monopolist earn?

A: Where MR = MC, the monopolist will choose the profit-maximizing level of output. Then, for that…

Q: The demand function facing the monopolist is given by D(p) 10/p, and the monopolist has positive…

A: here we can calculate the profit maximizing level of output as follow

Q: True/False Monopoly produces a product that is unique and have no close substitute.

A: A market structure is referred to as a monopoly if there is only one supplier of an item or service…

Q: What economic formula or graph does the Anti-Trust Department follow before they decide to break up…

A: Normative economics deals with what should happen or what ought to be.

Q: Will the monopolist produce an output level that is technically efficient?

A: The effectiveness with which a given set of inputs is utilised to produce an output is known as…

Q: How will a monopolist respond to a rise in fixed costs?

A: A monopoly is when a market is experiencing a situation where a single seller offers a specific…

Q: If the price is equal to actual total cost, does the monopolist make profit, lose or break-even?

A: A monopoly is a market situation where are larger number of buyer and only one seller selling a…

Q: Why is marginal revenue below average revenue for a monopolist?

A: In monopoly markets there is a price effect and output effect..

Q: The total revenue curve for a firm is given by TR = 2Q. Multiple Choice The firm is definitely a…

A: In a monopoly market structure,  There exists a single seller. There exists high barriers to entry…

Q: Scenario Use the following information to answer questions 16-19. The graph below shows the market…

A: Monopoly market:- A marketplace is said to be monopoly if just one business is allowed to offer…

Q: Graphically shows how monopolist can earn profit in short-run

A: Monopoly refers to the market structure in which there is a single seller than caters to the whole…

Q: The cost function is c =q². Therefore, marginal cost equals 2q. Quantity refersto square metre of…

A: Here we have:- demand function=p=20-Q and cost function=TC=q2 Marginal cost=MC=2q since the firm is…

Q: 7. Monopoly and Price Elasticity Consider the relationship between monopoly pricing and the price…

A: The dd curve faced by the monopolist is downward sloping. Again, inelastic dd for a good implies…

Q: What happens to the monopolist if the per unit tax is imposed? a) Average cost and marginal curves…

A: Meaning of Monopoly: The term monopoly refers to the situation under which there is only an…

Q: A monopolist always earns a short run profit   is this true or false

A: We are going to discuss the profit maximization conditions for Monopoly to answer this question.

Q: A monopolist sells 15 holiday greeting cards for $5.00 apiece. If the monopolist desires to sell a…

A: Answer; The marginal revenue from selling the additional card is $3.40

Q: True/False Usually monopoly is inefficient for the consumer.

A: A monopoly is a market structure where a single business or entity is the only provider of a…

Q: iseconomies of scale? What does this have to do w f scale? What does this have to do with the…

A: Gradually in simple words we can say that the economies of scale are usually known to be as cost…

Q: Will the monopolist produce an output level that is allocatively efficient?

A: In economics, allocatively efficient production occurs when the production is aligned with the…

Q: Please refer to the figure above. When MC is constant, the ATC is also constant. How much profit the…

A: A monopoly acts as a price maker as it is the sole producer of a good in the market thus produces…

Q: A monopolist has estimated that IF he enters an industry, he will have fixed costs of $600 and…

A: Incase of monopoly,  There exists a single seller.  The demand curve faces by the monopolist is…

Q: If the monopolist is incurring a short run economic loss, what are some options the monopolist has?

A: Monopoly is a market condition where there is a single seller. It sells a unique commodity in the…

Q: The total cost of a monopolist is TC(Q)=5Q2+9Q+10. Her inverse demand function is P=146-3Q. You are…

A: Profit = Total Revenue - Total Costs

Q: How much profit will this monopolist earn if it charges each consumer the same price?

A: In economics, the firm’s aim is assumed to be to maximize profits. Firms with market power do this…