Please so work so I can use as study reference. Thank you :) 4) Suppose the...

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Please so work so I can use as study reference. Thank you :)

4) Suppose the inverse demand curve for a market is P-3-(ơn 6,000). The marginal cost of production in this market is S1 per unit (assume there is no fixed cost). the equailibrium price and quantity if the market is competitive b) Find the monopolists marginal revenue function, and calculate the equilibrium price and quantity if the market is monopolized MR

e) Sketch the supply and demand diagram, indluding the marginal revenue curve Label the ases, the curves, the two equilibria, and the vertical intercepts of the supply and demand curves d) Calculate the deadweight loss of monopoly in this market

business economics

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Answer 1

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nese deman 6000 lao= 32000 pnu be f= 2-0 60D0 - 2-32000 P: 초 1 Q 32000 6000 I 6000 2. 600D dR de 6o00 [6000 8ooo 冫) 14冫| 6000 8000 So, ca be P 3- /6000 6000 * le (0,2)% MR BOO 0,0 6 2432 MA mankel hi 2 1600

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