--%>

Production at exceeds marginal costs by prices

For any profit-maximizing monopolist not capable to price discriminate, production arises at an output level where is: (w) price exceeds marginal costs [P > MC]. (x) marginal revenue exceeds marginal costs [MR > MC]. (y) MR = MC = P. (z) marginal revenue will the exceed price charged [MR > P].

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Elasticity of demand changes with price

    Calculating the price elasticity of demand for DVD games for a price variation from $50 to zero in such demand curve is: (w) 0. (x) infinity. (y) mostly meaningless since elasticity changes continuously over such range. (z) 1.5.

    Q : Question related to Gross domestic

    Proprietors' income $ 20, Compensation of employees 300, Consumption of fixed capital 15, Gross investment 80, Rents 10, Interest 20 ,Exports 30, Imports 50, Corporate profits 25, Taxes on production and imports 5 ,Net foreign factor income 0 ,Statistical discrepancy

  • Q : Problem on mutual funds Provide

    Provide solution of this question. Supposing no other changes, if balances in small time deposits increase by $30 billion and money market mutual funds held by businesses decrease by $30 billion, the: A) M1 and M2 money supplies will not change. B) M2 and MZM money su

  • Q : Value of Marginal Product The social

    The social value of additional output from the additional units of labor is as: (1) Marginal revenue product [or MRP] of labor. (2) Wage rate or price of the labor. (3) Average revenue product [or ARP] of labor. (4) Value of marginal product [or VMP] of labor. (5) Mar

  • Q : Determine supply curve as perfectly

    Suppose that all these given demonstrated curves in below are infinitely long straight lines. There supply curve that is perfectly price-inelastic is: (i) supply curve S1. (ii) supply curve S2. (iii) supply curve S3. (

  • Q : Determine equilibrium at changing price

    Within this kinked demand curve model, when this firm operated at point a and increased its price from P2 to P3 but other firms did not increase their prices, in that cases equilibrium for this firm would move to be: (w) point b.

  • Q : Define production possibility curve or

    Production possibility curve or PPC: PPC exhibits different combination of a pair of goods, that can be produced with the given resources and method of production, that are fully and proficiently utilized.

  • Q : Tariffs and Tax Revenues An import

    An import tariff on Japanese cars of ac generates government revenue equivalent to: (w) trapezoid bcde. (x) rectangle P1to P2ca. (y) distance Q0   to Q1. (z) rectangle 0P2dQ2.

    Q : Monopolistic competition In which

    In which market type, there is a requirement for selling or advertising costs? Answer: Beneath monopolistic competition, there is a requirement of selling costs sin

  • Q : Purely-competitive long-run equilibrium

    The typical firm produces in a purely-competitive long-run equilibrium where price equals as: (1) short-run average cost. (2) marginal cost. (3) long-run average cost. (4) average revenue per unit. (5) All of the above.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1455198 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1935958
    Asked

    3,689

    Active Tutors

    1455198

    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.