--%>

Maximum profit by equilibrium

When a monopolist reaches equilibrium: (1) its profits are at a maximum. (2) price equals marginal cost. (3) average cost is at its minimum. (4) marginal cost is at a minimum.

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Define demand curve where quantity

    At the whole prices where quantity demanded is zero, there the: (w) slope of the demand curve is zero. (x) price elasticity of demand is zero. (y) supply curve has infinite slope. (z) price elasticity of demand is imperfectly defined.

    Q : Problem on Conglomerates Can someone

    Can someone help me in finding out the precise answer from the given options. K-Mart Corporation operates the K-mart and Sears retail stores, gives financial services like insurance and the Discover card, and consists of a real estate division. Such characteristics re

  • Q : Existence of purely competitive farm in

    This purely competitive rose farm would most likely exit in this industry with the long run when the wholesale price per dozen roses fell below: (i) $4.50 per dozen roses. (ii) $5.00 per dozen roses. (iii) $5.50 per dozen roses. (iv) $6.00 per dozen r

  • Q : Characteristics of Labor-Leisure

    Can someone help me in finding out the right answer from the given options. When the wage rate paid for the labor rises, then: (i) Supply of labor raises (ii) Opportunity cost of the leisure increases. (iii) Workers always supply additional labor. (iv) Level of the na

  • Q : Problem on Categories of Goods I have a

    I have a problem in economics on Problem on Categories of Goods. Please help me in the following question. The produced tangible good is termed as a: (i) Consumable. (ii) Service. (iii) Commodity. (iv) Utility. Sel

  • Q : Calculating Present Value by Interest

    When all bonds are perpetuities which annually pay $1000 (the sum of one thousand and 00/100 dollars) per annum, at an interest rate of 10 percent, the price of these bonds is: (1) $4000. (2) $5000. (3) $6250. (4) $8000. (5) $10,000.<

  • Q : Define aggregate demand Define

    Define aggregate demand: Aggregate demand is stated as the money value of total goods and services demanded by an economy throughout a particular period.

  • Q : Experience of mill for constant cost

    When generic lumber processing is a constant cost industry, within the long run this lumber mill is probable to experience a: (i) a severe shrinking of economic profit to zero. (ii) a decline within the price of 2×4s to about $2.40 apiece. (iii)

  • Q : LEAST capable inventories of

    A competitive firm is LEAST capable to adjust its inventories throughout the: (w) market period. (x) short-run. (y) intermediate period. (z) long-run. Hello guys I want your advice. Please recommend some views for above Eco

  • Q : Minimum average variable cost at

    When the minimum average variable cost exceeds price, in that case a firm produces: (w) where MR = MC into the short run. (x) only in the long run. (y) in the short run although shuts down in the long run. (z) nothing in the short run.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1427822 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1922320
    Asked

    3,689

    Active Tutors

    1427822

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.