Social Studies, 06.05.2020 07:37, raoufhanna

Consider a market with 190 consumers. Of these, 90 of them have individual (nverse) demands given by: PM(Q)=10-Q, while each of the other 100 has an individual (inverse) demand of PS(Q)=10-10Q. The cost function of the monopolist serving this market is 60 400. (a) Find the aggregate demand. Analyze the cost function and find what kind of returns to scale it exhibits. (b) Compute the efficient total output (ignoring break-even constraints).(c) Compute the optimal linear price (and quantity) for this monopolist.(d) Compute the consumer surplus for a consumer of each of the two types. Also, compute the deadweight loss.

Answers: 2

Show answers

Other questions on the subject: Social Studies

Social Studies, 22.06.2019 03:20, mbatton879

Small plane just crashed in your neighborhood. you take a fire extinguisher and blankets to the scene, then stand back and silently gather with others on the scene when you realize there is nothing you can do to . in this situation, gathering quietly with others out of reverence and respect is an example of coping.

Answers: 1

continue

Social Studies, 22.06.2019 20:30, jamie316

Open opinion / / / should juveniles spend life in prison? why? or why not?

Answers: 2

continue

Social Studies, 23.06.2019 07:00, cseiver420

What is the county seat of ward county nd?

Answers: 1

continue

Social Studies, 23.06.2019 09:30, b4b4b4

Drawing on what you have learned in this reading and the previous readings, write a paragraph that describes the role of community colleges in the california education system.

Answers: 2

continue

Do you know the correct answer?

Consider a market with 190 consumers. Of these, 90 of them have individual (nverse) demands given by...