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
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The following table shows the demand curve facing a monopolist who produces at a constant marginal cost
of R10:
Price
Quantity
18
16
4
14
8.
12
12
10
16
8.
20
6
24
4
28
32
36
Please answer questions 38 to 46 based on the above information,
38
What is the firms demand curve?
[1]
P= 360
[2)
P- 18 -0 5O
131
36P
141
Q-32P 2
(TURN OVER]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F75f0794a-4b63-44f0-913f-d4d93b78f033%2Fadbd9319-335a-4f3c-9f98-e52bf6eb690e%2Fz6esxpr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following table shows the demand curve facing a monopolist who produces at a constant marginal cost
of R10:
Price
Quantity
18
16
4
14
8.
12
12
10
16
8.
20
6
24
4
28
32
36
Please answer questions 38 to 46 based on the above information,
38
What is the firms demand curve?
[1]
P= 360
[2)
P- 18 -0 5O
131
36P
141
Q-32P 2
(TURN OVER]
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