--%>
Assignment Help - homework help

Monopolists maximize profits

Maximizing the net social benefits from a specified stock of resources does NOT need that: (i) price equals marginal cost for all goods. (ii) marginal social benefit equals marginal social cost [MSB = MSC]. (iii) no one can be made better off unless someone else loses. (iv) monopolists maximize their profits. (v) all goods be produced at lowest possible opportunity costs.

Hey friends please give your opinion for the problem of Economics that is given above.

   Related Questions in Microeconomics

  • Q : Levels of the Poverty Line In 2005

    In 2005 year, the proportion of people along with family incomes below the official poverty line into the United States was around: (w) one in eight. (x) one in ten. (y) two in twenty five. (z) one in twenty.

    Q : Instance Diminishing Marginal Utility

    Assume that you were permitted to eat as many ‘free’ jelly beans as you want at present. Subsequent to a few, you start to eat more slowly and to select some flavors over others. You might ultimately stop eating a ‘free’ and enjoyable good sinc

    		•
  • Q : Workers in monopsonistic labor markets

    I have a problem in economics on Workers in monopsonistic labor markets. Please help me in the following question. The workers in monopsonistic labor markets receive salaries: (i) That barely cover the subsistence. (ii) Beneath the value of marginal p

    		•
  • Q : Individual Welfare Recipients If an

    If an individual receives benefits from the government, associate to the benefits everyone else receives, which exceed the individual’s taxes like a proportion of total tax payments by all citizens, which individual can reasonably be viewed like

    		•
  • Q : Demand for a good at price elasticity

    The curve which could demonstrate the demand for a good which has price elasticity equal to one is within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

    Q : Objective of Price Controls Price

    Price controls are intended to: (w) eliminate arbitrage and speculation. (x) stabilize prices. (y) make sure laissez-faire policies. (z) ignore shortages and surpluses. How can I solve my economics problem? Please

    		•
  • Q : Unitarily elasticity and profit

    When all costs are fixed in the short run, a monopolist maximizes profit through producing and selling the output level where: (1) demand is price elastic. (2) marginal revenue most greatly exceeds marginal cost. (3) demand is price inelastic. (4) mar

    		•
  • Q : Market-period supply curve For a purely

    For a purely competitive industry a market-period supply curve would be: (i) curve A. (ii) curve B. (iii) curve C. (iv) curve D. (v) curve E.

    Q : Estimate monthly total cost by

    When Robomatic Corporation maximizes profit within its production of RoboMaids, so its monthly total costs will be around: (i) $40 million. (ii) $65 million. (iii) $90 million. (iv) $105 million. (v) $130 million.

    Q : Economoic the setting of a price

    the setting of a price ceiling below the equililbrium level will

    		•