Blue INK is the only cabel service provider in Gazipur. The diagram below depicts the price, output and costs incurred by Blue INK. Use the graph to answer the following questions:What is the Total revenue generated by Blue INK at the profit maximizing level of output?[ Answer in Numerical value only.i;e. 1,2,3,4,5]If the Cable Service Market turns into a Perfectly Competitive Market, what will be the total ammount of the service provided? [ Answer in Numerical value only]If the market turns into a Monopoly market again, what will be the total deadweight loss created? [ Answer in Numerical value only] PriceS=MSCA503525MRD=MSBQuantity100 250 350

Market structure refers to how distinct industries are split and differentiated based on the degree…

Answered: Price S=MSC 50 35 25 MR D=MSB Quantity…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Blue INK is the only cabel service provider in Gazipur. The diagram below depicts the price, output and costs incurred by Blue INK. Use the graph to answer the following questions:

What is the Total revenue generated by Blue INK at the profit maximizing level of output?[ Answer in Numerical value only.i;e. 1,2,3,4,5]
If the Cable Service Market turns into a Perfectly Competitive Market, what will be the total ammount of the service provided? [ Answer in Numerical value only]
If the market turns into a Monopoly market again, what will be the total deadweight loss created? [ Answer in Numerical value only]

Price
S=MSC
A
50
35
25
MR
D=MSB
Quantity
100 250 350

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