AutoSave Unit 11 In-Class Exercise - FINAL (1) - Word O Search ff Jared Holloway JH File Home Insert Draw Design Layout References Mailings Review View Help A Share P Comments Marginal Cost Demand Marginal Revenue 2 4 10 Quantity 3) Find the marginal benefit curve and identify the efficient price and quantity. Why is this combination of price and quantity efficient? 4) What is the price and quantity if Keurig acts as a monopolist? 5) Shade in consumer surplus, producer surplus, and deadweight loss when Keurig is a monopolist. Does the monopoly increase total surplus or decrease total surplus? Page 2 of 3 364 words Го D Focus 90% 3:14 PM P Type here to search 4/22/2020
AutoSave Unit 11 In-Class Exercise - FINAL (1) - Word O Search ff Jared Holloway JH File Home Insert Draw Design Layout References Mailings Review View Help A Share P Comments Marginal Cost Demand Marginal Revenue 2 4 10 Quantity 3) Find the marginal benefit curve and identify the efficient price and quantity. Why is this combination of price and quantity efficient? 4) What is the price and quantity if Keurig acts as a monopolist? 5) Shade in consumer surplus, producer surplus, and deadweight loss when Keurig is a monopolist. Does the monopoly increase total surplus or decrease total surplus? Page 2 of 3 364 words Го D Focus 90% 3:14 PM P Type here to search 4/22/2020
Chapter1: Making Economics Decisions
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Unit 11 In-Class Exercise - FINAL (1) - Word
O Search
ff
Jared Holloway JH
File
Home
Insert
Draw
Design
Layout
References
Mailings
Review
View
Help
A Share
P Comments
Marginal Cost
Demand
Marginal
Revenue
2
4
10
Quantity
3) Find the marginal benefit curve and identify the efficient price and quantity. Why is this combination
of price and quantity efficient?
4) What is the price and quantity if Keurig acts as a monopolist?
5) Shade in consumer surplus, producer surplus, and deadweight loss when Keurig is a monopolist.
Does the monopoly increase total surplus or decrease total surplus?
Page 2 of 3
364 words
Го
D Focus
90%
3:14 PM
P Type here to search
4/22/2020"
Transcribed Image Text:AutoSave
Unit 11 In-Class Exercise - FINAL (1) - Word
O Search
ff
Jared Holloway JH
File
Home
Insert
Draw
Design
Layout
References
Mailings
Review
View
Help
A Share
P Comments
Marginal Cost
Demand
Marginal
Revenue
2
4
10
Quantity
3) Find the marginal benefit curve and identify the efficient price and quantity. Why is this combination
of price and quantity efficient?
4) What is the price and quantity if Keurig acts as a monopolist?
5) Shade in consumer surplus, producer surplus, and deadweight loss when Keurig is a monopolist.
Does the monopoly increase total surplus or decrease total surplus?
Page 2 of 3
364 words
Го
D Focus
90%
3:14 PM
P Type here to search
4/22/2020
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