✓ Question Completion Status: O 560 O 620 QUESTION 4 For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the equilibrium p O $500 O $750 $1000 O $1250 QUESTION 5 For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the consumer s net consumer value? O $160,000 O $480,000 O $560,000 $620,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers.

✓ Question Completion Status: O 560 O 620 QUESTION 4 For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the equilibrium p O $500 O $750 $1000 O $1250 QUESTION 5 For a non-competitive firm with a demand curve P = 1800-2Q and marginal costs of MC = $200, how much is the consumer s net consumer value? O $160,000 O $480,000 O $560,000 $620,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter9: Monopoly

Section: Chapter Questions

Problem 31P: Return to Figure 9.2. Suppose P0 is 10 and P1 is 11. Suppose a new firm with the same LRAC curve as...

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