Explanation it correctly and details The table below shows the demand and marginal cost information for a monopolist with a constant marginal cost.Monopoly MerketHarginal Kevenue(dollara)Marginal Cost(dollars)PriceQuantity(dollarz)$220200Denanded30$200$12018060160120160901201201201201201401208012015018040100Instructions: Enter your answers as a whole number.a. For the monopolist, the profit-maximizing price is $and the profit-maximizing quantity isb. For the monopolist, the allocatively efficient price is $and the allocatively efficient quantity is

a. For a monopolist, the profit maximizing price and quantity is,

The table below shows the demand and marginal cost information for a monopolist with a constant marginal cost. Monopoly Merket Marginal Revenue (dellara) Marginal Cot (dollars) Price Quantity Denanded (dollars) $220 200 $200 160 $120 120 120 120 120 120 30 180 60 1749 160 140 120 100 90 120 150 180 40 Instructions: Enter your answers as a whole number. a. For the monopolist, the profit-maximizing price is $ and the profit-maximizing quantity is b. For the monopolist, the allocatively efficient price is $ |and the allocatively efficient quantity is [

The table below shows the demand and marginal cost information for a monopolist with a constant marginal cost. Monopoly Merket Marginal Revenue (dellara) Marginal Cot (dollars) Price Quantity Denanded (dollars) $220 200 $200 160 $120 120 120 120 120 120 30 180 60 1749 160 140 120 100 90 120 150 180 40 Instructions: Enter your answers as a whole number. a. For the monopolist, the profit-maximizing price is $ and the profit-maximizing quantity is b. For the monopolist, the allocatively efficient price is $ |and the allocatively efficient quantity is [

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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