Suppose a monopoly has a cost curve equal to Cc=6400 + 1000. The firm's demand curve is p= 500 - 40. (Round all numeric responses to two docimal places.) What is the monopoly's unregulated profit-maximizing quantly? . What is the unregulated profit-maximizing price? $: What is the monopoly's profit? $_ What would be the deadweight loss? S[

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter25: Monopoly
Section: Chapter Questions
Problem 14E
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Suppose a monopoly has a cost curve equal to C= 6400 + 100a. The firm's demand curve is p= 500 - 4Q. (Round all nurmeric responses to two docimal places.)
What is the monopoly's unregulated profit-maximizing quantity?
What is the unregulated profit-maximizing price? $.
What is the monopoly's profit? $
What would be the deadweight loss? 5
Transcribed Image Text:Suppose a monopoly has a cost curve equal to C= 6400 + 100a. The firm's demand curve is p= 500 - 4Q. (Round all nurmeric responses to two docimal places.) What is the monopoly's unregulated profit-maximizing quantity? What is the unregulated profit-maximizing price? $. What is the monopoly's profit? $ What would be the deadweight loss? 5
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