A monopolist always earns a short run profit   is this true or false

Q: A monopolist's cost structure is such that its total costs are TC = 300 + 200 Q + 3Q². The market…

A: profit maximizing point is where MR = MC , so here by using given information we calculate the…

Q: At what output rate and price does the monopolist operate ?

A: Monopoly is the market of single seller with a perfect knowledge about the consumer demand. The…

Q: a) A monopolist is faced with the following cost and revenue curves:

A: The following graph is given: The monopolistic firm maximizes its output at the point where its…

Q: This monopolist will charge a price (of)

A: A monopoly is a market structure in which there is only one seller, that enjoys significant market…

Q: What happens to the monopolist if the per unit tax is imposed? a) Average cost and marginal curves…

A: The average cost is the ratio of total cost and output. It can be indicated as follows: AC = TC/Q…

Q: 1.8 Suppose a monopolist faces the demand curve shown below. If the monopolist's marginal cost is…

A: The downward sloping demand curve for a monopolist is given.  Marginal Cost is constant = $60

Q: Which of the following is not a characteristic of a monopolist?    A. A monopolist can sell as much…

A: Monopolist : A Monopolist exists in an imperfectly competitive market. He is a single seller of a…

Q: If the monopolist maximizes profit, then the quantity of output would be the price of output would…

A: Answer: Correct option: 180 units; $210 (option 2) Explanation: A monopoly maximizes its profit…

Q: : Suppose you are a monopolist and you have two customers, A and B. Each will buy either zero or one…

A: If you don't engage yourself in third-degree price discrimination, then you will charge the highest…

Q: can you please draw the profits of a monopolist in the case where average cost cuts average revenue?

A: Monopoly refers to the situation where there is only one firm exist in the market. Natural monopoly…

Q: A major difference between a monopolist charging only one price and a perfectly competitive firm is…

A: When talking about forms of market z monopoly market is completely different from perfectly…

Q: If the monopolist's demand is represented by a linear downward sloping curve, its total revenue…

A: When talking about monopoly market, monopolist charges a price that lies on demand curve and with…

Q: The pricing of a monopolists is Select one: a. P>MC b. none c. P<MC d. P=MC

A: There are four major types of market structures in an economy are: perfect competition, monopoly,…

Q: A monopolist has a demand curve that is described as P = 20 – 2Q and a constant marginal cost that…

A: Given demand curve :- P = 20 - 2Q MC = $10

Q: How does the demand curve perceived by a monopolist compare with the market demand curve? Explain

A: Monopoly refers to the market structure where there is only one firm in the industry. There is a…

Q: A monopolist faces a demand curve Q = 480 – 4P and has the total cost curve TC(Q) = 240 + 20Q + Q2 .…

A: The monopoly is a type of market structure where there are large number of buyers and single seller.…

Q: Suppose a monopolist is producing the quantity of output where marginal revenu exceeds marginal…

A: A monopoly is a sole producer of a good in the market thus acting as a price maker whereas in a…

Q: The monopolist faces a demand curve given by D(p) = 50-2p. Its cost function is c(y)=4y. What is its…

A: The total revenue function  and the marginal revenue can be derived from the demand function as…

Q: A monopolist always produces at the low point of its average total cost (ATC) curve.   is this true…

A: A monopolist is a single seller who is price maker. There is no competitor in this market.

Q: The following table shows a monopolist's demand curve and cost information for the production of its…

A: A monopoly is a market structure where there is only one seller and many buyers. The seller has…

Q: A monopolist can sell its product at any price it wishes.   Is this true or false

A: Answer: False, Explanation: A monopolist will sell at the price which is corresponding to the…

Q: If a monopolistʹs marginal revenue is $18 a unit and its marginal cost is $17, then   (A) to…

A: Given : Marginal Revenue of a monopolist = $18 a unit. Marginal Cost of the monopolist = $17.

Q: A monopolist can produce at a constant average and marginal cost of $5. It faces the market demand…

A: Monopolist profit maximises at  Marginal Revenue = Marginal Cost

Q: why a monopolist is constrained by demand?

A: Monopoly is the sole supplier of exclusive or patented good which has no close substitute in the…

Q: A monopolist will always charge the highest price it can get. True or False True False

A: The monopolist cannot charge the very best price possible, it'll maximize profit where TR minus TC…

Q: Assume the ATC equals four dollars this monopolist will earn how much profit

A: Supply curve is the marginal cost of the firm. The monopolist will try to earn maximum profit. It…

Q: A monopolist can earn above normal profit entry by other firms will occur. True or false

A: This statement is False. In a monopoly there is a single seller of the product. A monopolist is the…

Q: Single Price Monopolists produce where P=MC True O False

A: Monopoly means a complete hold of a single seller on the whole market for a product.

Q: Referring to the diagram, the monopolist will charge a price of ______ and sell quantity of _______

A: A monopoly is a market form in which a single seller sells unique products, and the firms’ products…

Q: When a single-price monopolist maximizes profits, price is greater than marginal cost. In other…

A: Monopoly expresses a market where a sole seller is privileged to satisfy the needs of the entire…

Q: If a monopolistʹs marginal revenue is $18 a unit and its marginal cost is $17, then?

A: In the monopoly Market equilibrium conditions is determined by where Marginal revenue is equal to…

Q: The monopolist will produce which quantity of output? a) Q1 b) Q2 c) Q3 d) Q4 e) none of the answers…

A: A monopolist is a single seller. He is the price maker.

Q: The demand curve for the monopolist's product is the market demand curve   is this true or false

A: True.

Q: monopolist can determine both the price and the output at the same time. Agree or Disagree

A: A monopoly is the sole producer of a good in the market thus having maximum market power hence will…

Q: At the profit maximizing output, for the perfect competitor,    options:

A: Price =MC = AC is the condition for equilibrium in a perfect competitive market. For a monopolist,…

Q: The graph below shows the cost curves for a monopolist. What is the monopolist's profit at the…

A: For the monopolistic competition, profit is maximized at a point where MR and MC are equal. From the…