Business, 01.01.2021 01:20, keni97

efer to the cost calculations from your module 4 assignment (the original calculations with the $50 fixed costs). Your birdhouses are sold in a perfectly competitive market with a market price of $25 per birdhouse. Calculate the profit-maximizing quantity of birdhouses. Calculate the level of profit earned at that level of production. Now repeat the previous steps but with the $25 fixed costs calculations. Compare the results. Now assume you have a monopoly with your birdhouses with the following demand curve $50 for one birdhouse, $45 for two birdhouses, $40 for three birdhouses, $35 for four birdhouses, $30 for five birdhouses, $25 for six birdhouses, $20 for seven birdhouses, $15 for eight birdhouses, $10 for nine birdhouses, and $5 for ten birdhouses. Start with the costs calculated with the $50 fixed costs. Calculate the profit-maximizing quantity of birdhouses. Calculate the level of profit earned at that level of production. Now repeat the previous steps but with the $25 fixed costs calculations. Compare the monopoly results. Bring all your results together.

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efer to the cost calculations from your module 4 assignment (the original calculations with the $50...