QUESTION 4 For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the equilibrium price (P*)? O $500 $750 O $1000 O $1250 QUESTION 5 For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the consumer surplus or net consumer value? O $160,000 $480,000 Ⓒ$560,000 O $620,000 1p 1 p

ENGR.ECONOMIC ANALYSIS
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O 560
O 620
QUESTION 4
For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the equilibrium price (P*)?
O $500
O $750
O $1000
O $1250
QUESTION 5
For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the consumer surplus or
net consumer value?
O $160,000
O $480,000
$560,000
O $620,000
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Transcribed Image Text:O 560 O 620 QUESTION 4 For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the equilibrium price (P*)? O $500 O $750 O $1000 O $1250 QUESTION 5 For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the consumer surplus or net consumer value? O $160,000 O $480,000 $560,000 O $620,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers 1p 1 p Feb 28
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