Question

Consider this monopoly: Р IV 98 72 67 66 38 III Q 440 620 Carefully following all numeric directions, calculate the firm's profits or losses. Use a positive number (no sign) to indicate profits and a negative number (with negative sign) to indicate losses.

Answer 1

the Shade area or the profit is given by » Profit Iv (me) 6 Ae 98 CITI) 67 D I (Dumad) IT(MR) Q 0 440 the area of O ABED base x height (440-0) X (98-67 $135 $ 13,640 13, 640 thce, the answn will be: CS Scanned with CamScanner