Business
Business, 14.12.2019 02:31, adswadsaasdads

P= 1200 - 6q (demand curve for the monopoly)
c = 8600 + 20q + q2 (total cost function for the monopoly)
mc = 20 + 2q (marginal cost function for the monopoly)

(round all answers to two decimal places)
to maximize profit, the monopolist should produce units of output.
the company's profit -maximizing price is $
the monopolist's profit is $

suppose the government imposes a specific tax of $200 per unit on the monopolist. to maximize profit, the monopolist should now produce units of output. when the tax is imposed, the monopolist's profit-maximizing price becomes $ as a result of the tax, the monopolist raises its price by (choose one: more than the tax/the same amount as the tax/less than the tax).

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 18:40, paulusl19
Alyssa works for an engineering firm that has been hired to design and supervise the construction of a highway bridge over a major river. the bridge will be a unique design, incorporating complex designs that will likely never be duplicated. how should alyssa deal with designing and overseeing the building of the bridge?
Answers: 3
image
Business, 22.06.2019 01:10, isaiahmichel93081
Technology corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash flows of $52,000 for the next five years. the firm has a 6% cost of capital. what should the analysis indicate to the firm's managers?
Answers: 2
image
Business, 22.06.2019 11:10, korban23
Post test question number 9 for entering the job market
Answers: 1
image
Business, 22.06.2019 12:50, axelsanchez7710
You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400
Answers: 3
Do you know the correct answer?
P= 1200 - 6q (demand curve for the monopoly)
c = 8600 + 20q + q2 (total cost function for the...

Questions in other subjects: