A monopolist with two plants operates with a marginal revenue of 500-4Q and marginal costs of...
A monopolist with two plants operates with a marginal revenue of 500-4Q and marginal costs of 4Q for plant 1 and 2Q for plants 2.
what are the outputs at each plant to maximize profits?
what price maximizes profits?
what will be the maximum profits?
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A monopolist with two plants operates with a marginal revenue of
500-4Q and marginal costs of...
A monopolist in the radio industry has two radio-making plants. The marginal cost of radio production...
A monopolist in the radio industry has two radio-making plants. The marginal cost of radio production by Plant A is $4Q (where Q is the number of radios produced) and the marginal cost of radio production by Plant B is always $16. If the demand curve for radios is downward sloping, the monopolist will a. never produce more than four radios at Plant A. b. produce radios at Plant A only as a last resort. c. never produce radios at...
You are the manager of a firm that produces output in two plants. The demand for...
You are the manager of a firm that produces output in two plants. The demand for your firm's product is P = 120 - 6Q, where Q = Q 1 + Q 2. The marginal cost associated with producing in the two plants are MC 1 = 2Q 1 and MC 2 = 4Q 2. What price should be charged in order to maximize revenues? Please document each step
Consider a monopolist facing Demand and with Marginal Costs and Marginal Revenue as illustrated below. To maximize prof...
Consider a monopolist facing Demand and with Marginal Costs and Marginal Revenue as illustrated below. To maximize profit, this firm should charge a price of_________ and sell____ units. Question 7 options: 1) $7.35; 12,500 2) $5.45; 4,200 3) $3.60; 6,750 4) $2.25; 4,200 5.45 ...---> + Marginal Costs of Production 3.60 2.25---- > Demand quantity 4,200 12,500 Marginal Revenue of Monopolist 6,750 8,375
please answer all questions! Figure 15-6 Price $20+ Marginal Cost 100 150 200 Quantity Marginal Revenue...
please answer all questions!
Figure 15-6 Price $20+ Marginal Cost 100 150 200 Quantity Marginal Revenue Refer to Figure 15-6. What is the deadweight loss caused by a profit-maximizing monopoly? O O $150 $200 $250 Os300 A monopolist faces market demand given by P - 60 - Q. For this market, MR = 90 - 2Q and MC - Q. What price will the monopolist charge in order to maximize profits? O $20 O $30 O so Osso In Canada,...
Market demand is P (Q) = 40 − Q. A multi-plant monopolist operates two plants, with...
Market demand is P (Q) = 40 − Q. A multi-plant monopolist operates two plants, with average cost functions AC1(q1) = 8 and AC2(q2) = 1 + 0.25q2. a) Find the profit-maximizing price, total quantity and of output produced at each plant. b) Is this multi-plant monopolist allocatively efficient? Explain carefully. Do not calculate socially efficient output.
Figure 15-6 Price $20+ Marginal Cost 100 150 200 Quantity Marginal Revenue Refer to Figure 15-6. What is the deadweight loss caused by a profit-maximizing monopoly? O O $150 $200 $250 Os300 A monopolist faces market demand given by P - 60 - Q. For this ma
Figure 15-6 Price $20+ Marginal Cost 100 150 200 Quantity Marginal Revenue Refer to Figure 15-6. What is the deadweight loss caused by a profit-maximizing monopoly? O O $150 $200 $250 Os300 A monopolist faces market demand given by P - 60 - Q. For this market, MR = 90 - 2Q and MC - Q. What price will the monopolist charge in order to maximize profits? O $20 O $30 O so Osso In Canada, in the majority of...
oiven cost the marginal revenue, marginal and fixed cost : MR = 1600-8Q MC = 4Q...
oiven cost the marginal revenue, marginal and fixed cost : MR = 1600-8Q MC = 4Q + 400 FC = 50,000 0 The optimal profit occurs when. (totadrevenue marginal revenue is equal to 1 ltorde Cost/ Marginal cost), ( fill in blanks with one of options) 3 find the quantity of that maximizes profits answer choices: 12, 10, 8,15
Please answer me in detail. Thank you. Question 9 Suppose that a monopolist faces a demand curve given by P 120-2Q. A m...
Please answer me in detail. Thank you.
Question 9 Suppose that a monopolist faces a demand curve given by P 120-2Q. A monopolist producing only one product has two plants with the following marginal cost functions: MC1 20+2Q1 and MC2-10+502, where MCi and MC2 are the marginal costs in plants 1 and 2, and Q1 and Q2 are the levels of output in each plant, respectively. (a) Find the monopolist's optimal total output (quantity) and price. b) Find the optimal...
A monopolist faces a market demand curve given by
A monopolist faces a market demand curve given by Q=70-P a. If the monopolist can produce at constant average and marginal costs ofAC-MC-6, what output level will the monopolist choose to maximize profits? What is the price at this output level? What are the monopolist's profits? b. Assume instead that the monopolist has a cost structure where total costs are described by C(Q) = 0.25Q2 - 5Q + 300. With the monopolist facing the same market demand and marginal revenue, what price-quantity combination will be chosen now...
2) (4 p.) Market demand is P(Q) = 40 - Q. A multi-plant monopolist operates two plants, with average cost functions...
2) (4 p.) Market demand is P(Q) = 40 - Q. A multi-plant monopolist operates two plants, with average cost functions AC1(91) = 8 and AC2(92) = 1+0.2592. a) Find the profit-maximizing price, total quantity and of output produced at each plant. b) Is this multi-plant monopolist allocatively efficient? Explain carefully. Do not calculate socially efficient output.
please answer all questions!
Figure 15-6 Price $20+ Marginal Cost 100 150 200 Quantity Marginal Revenue Refer to Figure 15-6. What is the deadweight loss caused by a profit-maximizing monopoly? O O $150 $200 $250 Os300 A monopolist faces market demand given by P - 60 - Q. For this market, MR = 90 - 2Q and MC - Q. What price will the monopolist charge in order to maximize profits? O $20 O $30 O so Osso In Canada,...
oiven cost the marginal revenue, marginal and fixed cost : MR = 1600-8Q MC = 4Q + 400 FC = 50,000 0 The optimal profit occurs when. (totadrevenue marginal revenue is equal to 1 ltorde Cost/ Marginal cost), ( fill in blanks with one of options) 3 find the quantity of that maximizes profits answer choices: 12, 10, 8,15
Please answer me in detail. Thank you.
Question 9 Suppose that a monopolist faces a demand curve given by P 120-2Q. A monopolist producing only one product has two plants with the following marginal cost functions: MC1 20+2Q1 and MC2-10+502, where MCi and MC2 are the marginal costs in plants 1 and 2, and Q1 and Q2 are the levels of output in each plant, respectively. (a) Find the monopolist's optimal total output (quantity) and price. b) Find the optimal...
2) (4 p.) Market demand is P(Q) = 40 - Q. A multi-plant monopolist operates two plants, with average cost functions AC1(91) = 8 and AC2(92) = 1+0.2592. a) Find the profit-maximizing price, total quantity and of output produced at each plant. b) Is this multi-plant monopolist allocatively efficient? Explain carefully. Do not calculate socially efficient output.
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