--%>

Maximize profit by all levels of output

A monopolist which can’t price discriminate and for that variable cost is zero for all levels of output will maximize profit where is: (w) the price is the maximum any buyer is willing to pay. (x) output exhausts productive capacity. (y) marginal cost = total revenue. (z) market demand is unitarily elastic.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Shutdown point in minimum revenue for

    The minimum revenue which will induce a firm to produce a specified output in place of shutting down into the short run is the: (a) maximum such consumers are willing to pay for that output. (b) total variable cost of producing such output. (c) short-

  • Q : Production and costs in monopolistic

    In the short run, no profit-oriented monopolistically-competitive firm still knowingly generates any output unless: (1) an economic profit is assured. (2) total revenues are expected to equal or exceed its total variable costs. (3) the average wage ra

  • Q : Goals of the Firm Most of the

    Most of the economists believe firms tend to proficiently maximize the profits since of: (i) Stockholder pressure. (ii) Competition for the management positions. (iii) Principal-agent conditions. (iv) The chance of corporate take-over.

    Q : Inadequate competition or lack of

    A firm’s capability to alter the price of its output due to inadequate competition or a lack of perfect substitutes for its products is an illustration of: (i) adverse selection. (ii) simple game theory. (iii) X-inefficiency. (iv) strategic behavior. (v) market

  • Q : Problem regarding borrowing from

    The main source of external funding employed when major American corporations contain expanded their operations in the precedent three decades has been: (1) Borrowing from commercial banks. (2) Selling the record amounts of latest corporate stock. (3) Borrowing via is

  • Q : Optimization and Heuristics Can someone

    Can someone help me in finding out the right answer from the given options. No one can execute all the mental gymnastics essential to perfectly process information and hence all their decisions are mathematically optimal, therefore most of the people rely heavily on m

  • Q : Demanding more labor in competitive fim

    A competitive firm will demand more labor when: (1) technological advances favor automation. (2) the price of the firm's output rises. (3) more firms enter the industry. (4) the value of the marginal product is below the wage rate. (5) workers utilize

  • Q : AFC curve What does AFC curve appear

    What does AFC curve appear like? Why does it appear so?

  • Q : Income Distribution in Development

    Income distribution tends to turn into more equal, statistically, while a country: (i) adopts central planning. (ii) becomes more developed and prosperous. (iii) relies more heavily on agriculture. (iv) reduces corporate tax rates. (v) adopts laissez-

  • Q : Interdependent economy I am facing

    I am facing problem in this question. Help me in find out correct answer of this economic based question. Explain interdependent economy?  Illustrate it by using an input-output table and model.