Help me find the answer pls The following table shows the demand curve facing a monopolist who produces at a constant marginal costof R10:PriceQuantity18164148.121210168.206244283236Please answer questions 38 to 46 based on the above information,38What is the firms demand curve?[1]P= 360[2)P- 18 -0 5O13136P141Q-32P 2(TURN OVER]

Demand refers to the willingness and ability of the consumer to buy the goods and services at…

The following table shows the demand curve facing a monopolist who produces at a constant marginal of R10. Price Quantity 18 16 14 8 12 12 10 16 8. 20 6. 24 4. 28 2. 32 36 Please answer questions 38 to 46 based on the above information 38 What is the firms demand curve? 121 P 18-0 5O 19 Q32P 2 14

The following table shows the demand curve facing a monopolist who produces at a constant marginal of R10. Price Quantity 18 16 14 8 12 12 10 16 8. 20 6. 24 4. 28 2. 32 36 Please answer questions 38 to 46 based on the above information 38 What is the firms demand curve? 121 P 18-0 5O 19 Q32P 2 14

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Mike has a decreasing marginal uity of income We know that Mike's income in greater than S10, but we de not know his exact inome Adam offers Mika the folloeing bet Adam wil throw a fair coin (that is, heads and tals have equal probatilty) a heada. Mke pays Adam $10. ta Adam pays Mke S10 What can we conclude from this infonmation? O Mike will reject the bet only it his income is high emought Ob. Mike will reject the bet, independently of how high his income is Oc Mke wil accept the bet independently of how high his income is Od Mke will accept the bet only if his income is high enought O Mka will always be indiferent between accepting and rejecting the bet
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Mark is currently earning $44,000 a year. He has worked for this firm for 5 years. He is considering a job that will increase his lifetime earnings by $240,000 but that requires a Ph.D. in finance. The job will mean also attending a full-time finance program for four years at an annual cost of $28,500. Mark already completed an MBA, for which he spent $86,000 in tuition and books. Would he take the job and attend the Ph.D. program? Calculate: Insutructions: Use ono decimals. Use commas (30,000, not 30000). Opportunity costs of this decision = $ MC = $ MB = $ Sunk Costs = $
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