Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, producer surplus is?

Question

02-08-2022
Business

Answered

Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, producer surplus is?

Sagot :

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.

please help me I'm struggling

Flying Home A bird flies from the bottom of a canyon that is 59; feet below sea level to a nest that is 752 feet above sea level. What is the difference 10 elev

(us government) if the line-item veto were constitutional, how would it affect the balance of power? Explain.

So um yeah this is a word problem for Honors Algebra and I can’t figure it out so maybe you can. It’s equations and inequalities but word form. So yeah good luc

Identify the various types of client computing devices that are being deployed in hospitals today, and explain which types of advantages they bring.

dan, age 78, has reduced his social commitments, is slowing down, and is focusing on his own needs. he is aging successfully according to theory.

complete the sentence: On an annual basis, Sandy's entertainment expenses are percent of Jamie's insurance expenses. Sandy goes to a club or concert every two

Reread the first three paragraphs of the story and work with a partner to answer the following question: How does a sense of danger to the pheasants gradually b

Explain the value of simplifying abstractions. (1 point) O Make a complex process or system easier to use. O Prevent a complex system from growing in complexity

Hi can someone please help me with this!

anshumanaryan799 anshumanaryan799 · Answer 1 · 2022-08-15T05:20:33-04:00

Assume that there are no fixed costs and ac = mc = $200. at the profit-maximizing output and price for a monopolist, the producer surplus is $3200.

The profit-maximizing quantity in a monopolist market is obtained by MR = MC condition.

MR and MC are intersected at point A. The price is obtained by the corresponding point of point A on the demand curve. This point is represented by point B.

The price represented by point B is 600 and the quantity is 8.

The producer surplus is calculated by the area below the price line and above the MC curve. The area is:

=(600 - 200)*(8-0)

=400*8

=3200

Learn more about monopolist here: https://brainly.com/question/13113415

#SPJ4

Sagot :

Other Questions