$212 ATC 136 120 110 96 60 If the monopolist in Exhibit 3 engages in perfect price discrimination, price would Oa vary between $212 and $120 Ob be $136 on al units Oe vary between $212 and $104 Od. be S110 on all units Oe be S104 on all units .000
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- A. Calculate the Price and Quantity if the Monopolist Maximized their profit and sells in both markets? B. Calculate the Profit if he Monopolist Maximized their profit and sells in both markets? C. In the absence of 3rd Degree Price Discrimination and the firm must sell at the same price in both markets, what is the price, quantity and total profitThere is a monopolist, Concrete Mex, in the concrete market in Mexico. The demand function is Qd= 100-50p. The marginal cost of production is c = 0.4. a) ConcreteMex claimed the high price is due to high transportation costs and persuaded the government to help cut down the costs. As a result, for every unit of concrete sold, the government subsidizes ConcreteMex 0.2 dollars. What are the new profit maximizing price and production level for ConcreteMex? b) Under the subsidy policy and the new price in a part, calculate the consumer surplus, producer surplus, and deadweight loss. You do not need to consider government spending for the deadweight loss. c) Suppose ConcreteMex wants to enter a different market, the competitive market in Texas. To enter the market, ConcreteMex needs to pay a fixed cost of F = 1, and its variable cost in Texas is VC = (0.4+Q)Q. What is ConcreteMex’s total cost, marginal cost, and average total cost in Texas at production level Q?3. A monopolist is forced to lower its price in order to sell another unit of its product. This describes the problem of A-persistent economic profits B-market power C-diseconomies of scale D-economies of scale E-market discrimination 5. 5. (04.02 MC) The allocatively efficient quantity of product Z for the whole market is 2 million units. At that quantity, the demand for Z is at $5 and the average total cost for its single supplier is $7. The average total cost does not fall to $5 until 3.5 million units. Based on this data, the market for product Z is (2 points) A-perfectly competitive B-a natural monopoly C-a legal monopoly D-monopolistically competitive E-productively efficient
- XYZ company uses a technology for producing its good. This enables the firm to meet the entire market demand at a lower price than its two competitors. What factor makes XYZ company a monopolist? a. increasing average total costs. b. a legal barrier to entry. c. Knowledge of exclusive production techniques d. All of theseA monopolist has a demand for its product that is P = A + BQ . It has no fixed costs. Marginal cost is constant at MC = C. Find the profit-maximizing quantity Q to produce and find the profit maximizing price P.P = A + BQP= 315 + -8QMC=CMC= 75Dayna’s Doorstops, Inc. (DD) is a monopolist in the doorstop industry. Its cost isC = 100 – 5Q + Q2, and demand is P = 55 – 2Q.The deadweight loss from this monopoly is equal to A. €200 B. €5 C. €125 D. €50
- Quantity of Output Total Cost Product Price 0 $250 $400 1 260 350 2 290 300 3 350 250 4 480 200 5 700 150 If the profit-maximizing pure monopolist whose information is in the accompanying table is able to price discriminate, charging each customer the price associated with each given level of output, how much profit will the firm earn? 300 250 200 150 Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.16 Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $600 per bicycle. In order to increase sales by one bicycle per month, the monopolist must lower the price of its bicycles by $50 to $550 per bicycle. The marginal revenue of the 11th bicycle is Ic raw Multiple Choice $50 $-50. $6,050. $50. Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.Two condition a allow a single seller to become a monopolist. Those two conditions are that the firm must
- Exercise A.3 Compare the competitive equilibrium with that of the first-degree price discriminating monopolist. Indicate the similarities and differences that exist in prices, quantities produced, consumer surplus and loss of efficiency between both situations. Represent graphically assuming that the marginal cost is constantASAP 1) Compute the profit-maximizing advertising budget for a monopoly firm using the following pieces of information(a) The company is expected to sell $50 million worth of the product(b) It is estimated that a 1% increase in the advertising budget would increase the quantity sold by 0.04%(c) It is estimated that a 1% increase in the product's price would reduce quantity sold by 0.2%A monopolist faces market demand given by P= 250-0.5Q. For this market, MR = 250-Q and MC = 100. What is the deadweight loss due to this monopoly. Question 53 options: $15,000 $7,500 $5,250 $11,250 Another value (not listed)