--%>
Assignment Help - homework help

Profit-maximizing price and output combination

Unlike a purely competitive firm, a monopolist can: (w) select a price and sell as much as this needs (x) equate marginal revenue as well as marginal cost to maximize profits. (y) produce any required amount and sell as much as this desires. (z) select a profit-maximizing price and output combination by a downward sloping demand curve.

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

   Related Questions in Microeconomics

  • Q : Total variable costs in pure competition

    This profit-maximizing, as in demonstrated graph, of brickyard’s total variable costs are about: (i) $200 per day. (ii) $600 per day. (iii) $750 per day. (iv) $900 per day. (v) $1200 per day.

  • Q : Characteristics of constant cost

    Characteristics of industries which are not characteristics internal to operations of an individual firm include: (1) potential principal-agent problems. (2) diseconomies of scale. (3) production costs which either increase or decrease like the size of a market not su

    		•
  • Q : Signaling and Screening Completing your

    Completing your degree is most probable to be a significant signal which will help you in securing a well-paid job with bright future when potential employers: (i) Want to make sure that job applicants have already acquired important amounts of precise human capital.

    		•
  • Q : Question on production possibilities

    Refer to the given diagram. Which of the following positions relative to PP1 would be the most likely to result in a future production possibilities curve of PP3, rather than PP2 ?  1) A. 2) B. 3) C.  4) D.

    Q : Equilibrium price in the short run The

    The equilibrium price for Christmas trees in the short run is: (w) P1. (x) P2. (y) P3. (z) P4.

    Q : Describe price elasticity of demand

    Price elasticity of demand: The Price elasticity of demand refers to the degree of responsiveness of the quantity demanded to modifications in price. Ed = (ΔQ/Δ P) x (P/Q)

    		•
  • Q : Product differentiation through

    Firms are not only trying to differentiate their products within the minds of consumers while: (1) main networks launch comparable programs to mimic successful “reality TV” shows. (2) beer advertisers feature wild parties in TV advertisements. (3) a deterg

    		•
  • Q : Featherbedding-Labor Contracts The

    The clauses in labor contracts that need continued employment of the workers whose jobs are technologically outdated are termed as: (1) Moth-balling. (2) Yellow dog contracts. (3) Featherbedding. (4) Goldbricking. (5) Shirking clauses.

    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 : Level of guaranteed transfer payments

    For identical level of guaranteed transfer payments, the earn income and incentive to work is probable to be: (w) greater with a negative income tax than with transfers in kind. (x) greater with transfers in kind than

    		•