Review the graph at right.MonopolyWhat is the unregulated monopoly price? $ 60 (enter your response as a whole number)100-90-What is the unregulated monopoly output? 30 (enter your response as a whole number)MC80-The total unregulated welfare (CS + PS) is $1800 (round your answer to the nearest penny)70-60-What is the optimal monopoly regulated price? $(enter your response as a whole number)50-The total regulated welfare (CS + PS) is $. (round your answer to the nearest penny)40-TMCE$3030-20-10-0-10Q#3 MR20 30 40 50 60 70 80 90 100QuantityO stvDEC20MacBook AirDIIF10FBF3F4FSF2F1#%&12345789{TYPQWEGHJKA>CVBcommandoptiontioncommand.. .-D.

what is the optimal monopoly regulated price? optimal price is where there is competitive profit…

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What is the optimal monopoly regulated price? S (enter your response as a whole number) The total regulated welfare (CS + PS) is $. (round your answer to the nearest penny)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Review the graph at right.
Monopoly
What is the unregulated monopoly price? $ 60 (enter your response as a whole number)
100-
90-
What is the unregulated monopoly output? 30 (enter your response as a whole number)
MC
80-
The total unregulated welfare (CS + PS) is $1800 (round your answer to the nearest penny)
70-
60-
What is the optimal monopoly regulated price? $(enter your response as a whole number)
50-
The total regulated welfare (CS + PS) is $. (round your answer to the nearest penny)
40-
TMCE$30
30-
20-
10-
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