11 Suppose the monopolist has the following demand function:Q= 12-0.5PThe marginal cost is equal to $4. and a fixed cost of $48What is the profit maximizing price and quantity for the monopolist?Q- 10, PWhat is the efficient price? P= 4What is the deadweight loss from the monopolist's maximizing profits?OWhat are the monopolist's profits at the profit maximizing price?OIf a regulator forces the monopolist to set a price that generates 0 profits, what are potential prices the monopolist could charge?If the monopolist can perfectly price discriminate what are his profits then? NWhat is consumer surplus with perfect price discrimination?OSuppose that the Government tries to extract some of the monopoly profits by a tax of 54 per unit sold. How much of the tax is paid by consumers? percentWhat is the deadweight loss from the tax?Suppose instead the government imposes a lump sum profits tax of $20. What is the effect on prices to consumers in this case?No change to consumer prices since MC the sameO There will be a change to consumer prices since MC the sameWhat is the deadweight loss from this tax?O No deadweight loss in the short runThere will be a deadweight loss in the short run

Hi! thanks for the question but as per the guidelines we can answer up to three subparts at one…

Suppose the monopolist has the folloving demand function: Q= 12-0.5P The marginal cost is equal to $4. and a fixed cost of $48. What is the profit maximizing price and quantity for the monopolist? What is the efficient price? P= O What is the deadweight loss from the monopolist's maximizing profits? What are the monopolist's profits at the profit maximizing price?O

Suppose the monopolist has the folloving demand function: Q= 12-0.5P The marginal cost is equal to $4. and a fixed cost of $48. What is the profit maximizing price and quantity for the monopolist? What is the efficient price? P= O What is the deadweight loss from the monopolist's maximizing profits? What are the monopolist's profits at the profit maximizing price?O

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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