Question

A controle scarcereuses 7. The demand curve for a monopolis A the MC curve above the AVC curve & the MR curve bow the horizontalnis c dentical to the MR OVE. also the industry demand curve Figure Short-un Monopoly Use Figure Shorts 10 Fre: The Profit M ang Output and Pricevere The ProMaming Output and Price Assume that there are no feed costs and AC-MC - $200 The profitame output fora Figures Short Run Monopoly Figure: The Profit Ma n g Output and Price 9igre Monopoly Model Use Figure Monoy Model When the form is in quibh maximising its economic profits total revenue is the area of rectangle 11. To be called incopoly, an industry must have Aindependence in con maling herita demand curve Camall number of interdependent D relatively eatentry and exit Figure Monopoly Model 12. A feature of monet that makes different from more poly is the Afact that is inmonopoly competitive tries follow the marinadechinue, while monopoldo downwardloping demand curve downwarding curve 0. number of in the industry

Answer 1

6) diseconomies of scale

option(D)

7) also the industry demand curve

option(D)

8) Setting MC=MR, the firm will produce where P=N

option(A)

The graph is not clear on the other questions