--%>
Assignment Help - homework help

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 : Definition of Entrepreneurs I have a

    I have a problem in economics on Definition of Entrepreneurs. Please help me in the following question. Entrepreneurs are most excellently explained as the people who: (i) Market a product cheaper and faster. (ii) Open their own business. (iii) Rely on the commissions

    		•
  • Q : Derived Demand problem The change in

    The change in price of a resource will cause a modification in the: (i) Demand for the resource. (ii) Supply of resource. (iii) Quantity demanded of resource. (iv) Demand for good in resource production. Find out the right answer f

    		•
  • Q : Featherbedding in the practice of hiring

    The summation of monopolistic exploitation across all the workers tends to raise however a firm as well operates at a more socially and economically proficient level of output and employment whenever the firm is capable to engage in: (m) Blacklisting in its dealings t

    		•
  • Q : Define Calendar Anomaly Calendar

    Calendar Anomaly: Calendar anomalies can be defined as any irregularity or consistent pattern occurring at a regular interval or at a specific time in calendar year. Presence of these anomalies in a calendar year is the biggest threat to the concept o

    		•
  • Q : Competition and exploitation of the

    Can someone help me in finding out the right answer from the given options. The capability to exploit the labor is minimal if a firm consists of: (1) Monopoly power. (2) Government contracts to accomplish. (3) Monopsony power. (4) Labor union contracts that terminate

    		•
  • Q : Positive economic profit and accounting

    Purely competitive equilibrium, in long-run firms normally experience positive accounting profit and economic profit which is: (w) also positive, but smaller. (x) zero. (y) negative, but barely that why. (z) either positive, zero, or negative.

  • Q : Relatively price elastic when supply

    Even though a drought decreases supply from S1 to S0, at each point along both of such supply curves, the supply of tanks of dehydrated water: (i) perfectly price elastic. (ii) relatively price elastic. (iii) unitarily price elastic. (iv) relativ

    		•
  • Q : Problem on Consumer Sovereignty The

    The phrase ‘dollar votes’ refers to the consumers: (1) Voting patterns in the national elections. (2) Recognizing what goods are produced. (3) Each containing an equivalent says about what is generated. (4) Being subservient to big firms.

    Q : Supply law and it's factors State the

    State the Law of supply and explain the factors that affecting supply of commodity

    		•
  • Q : Monetary revenue generated by firm Can

    Can someone help me in finding out the most precise answer from the given options. The Monetary revenue produced by the firm throughout a specific period minus its explicit costs gives up: (1) Value added. (2) Gross cash flow. (3) Tax liability. (4) Economic income. (

    		•