monthly dearmad schedule for a good in a cucocly Semonth. Tires ara no marginal costs. The table below shows the monthly demand schedule for a good in a dinne $4.800 of fixed costs per month. There are no marginal costs. Quantity 400 Price ($) 30 TR ($) MR ($) 12,000 3,000 688 25 15,000 • 1,000 800 20 16,000 -1,000 1,000 15 15,000 -3,000 1,286 10 12,000 -5,000 1,400 5 7,000 -7,000 1,688 0 0 Instructions: Enter your answers to the nearest whole number ce, the monthly profit for each a. If they evenly split the quantity a monopolist would produce, the mantly s If duopolist A decides to increase production by 200 units, the monthly p
monthly dearmad schedule for a good in a cucocly Semonth. Tires ara no marginal costs. The table below shows the monthly demand schedule for a good in a dinne $4.800 of fixed costs per month. There are no marginal costs. Quantity 400 Price ($) 30 TR ($) MR ($) 12,000 3,000 688 25 15,000 • 1,000 800 20 16,000 -1,000 1,000 15 15,000 -3,000 1,286 10 12,000 -5,000 1,400 5 7,000 -7,000 1,688 0 0 Instructions: Enter your answers to the nearest whole number ce, the monthly profit for each a. If they evenly split the quantity a monopolist would produce, the mantly s If duopolist A decides to increase production by 200 units, the monthly p
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:monthly dearmad schedule for a good in a cucocly
Semonth. Tires ara no marginal costs.
The table below shows the monthly demand schedule for a good in a dinne
$4.800 of fixed costs per month. There are no marginal costs.
Quantity
400
Price ($)
30
TR ($)
MR ($)
12,000
3,000
688
25
15,000
•
1,000
800
20
16,000
-1,000
1,000
15
15,000
-3,000
1,286
10
12,000
-5,000
1,400
5
7,000
-7,000
1,688
0
0
Instructions: Enter your answers to the nearest whole number ce, the monthly profit for each
a. If they evenly split the quantity a monopolist would produce, the mantly s
If duopolist A decides to increase production by 200 units, the monthly p
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