Answer is as follows:
Correct Option : e. $65
Profit = Sales - Total Cost, where Sales = Price*Quantity
= (8*20) - 95
= $65
Exhibit 24-7 Price Quantity Total Cost $10 10 $80 9 15 85 8 20 95 7...
Exhibit 24-10 Quantity Sold Price (units) Total Cost $10 10 $80 9 20 100 8 30 130 7 40 170 6 50 230 5 60 300 4 70 380 Refer to Exhibit 24-9. A single-price monopolist earns a total profit of __________ when it produces and sells 40 units of its good. Group of answer choices $80. $110. $30. $61. $49.
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Exhibit 10-7 Quantity Sold Price (units) Total Cost $10 100 $600 1,100 200 91400 300 8 7 400 500 600 700 1,800 2,400 3,200 4.200 5 4 Refer to Exhibit 10-7. A single-price monopolist earns a total profit of when it produces the profit maximizing level of output. $120 $1,000 $1,800 O $700 e $500
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aments Exhibit 7-8 Costs schedules for producing pleza Fixed Cost Variable Cost Total Cost Marginal Cast Pizzas 0 $ $ s $ ames 5 use Online ng 2 13 int Survey 3 10 4 00 40 5 20 6 5 215 By filling in the blanks in Exhibit 7-8, the total cost of producing zero pizzas is shown to be equal to: O $105 0.55 5100 O 595 th Screen Shot 2.png Screen Shot 2png Screen Shot...
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1 Price 15 14 13 Supply 12 11 10 9 8 7 6 Demand 10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 160 170 Quantity In the above figure, the vertical distance between points A and B represents a tax in the market. The amount of deadweight loss as a result of the tax is .... O A. $490. OB. $600. OC. $105. OD. $210.
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