--%>

Total costs by charges profit-maximizing price

When LoCalLoCarbo produces the profit-maximizing quantity and charges the profit-maximizing price, in that case its total costs equal the area of the rectangle as: (i) 0P3cq2. (ii) bdP4P1. (iii) 0P4dq2. (iv) bcP3P1. (v) 0P2fq4.

1410_Market Power and Marginal Revenue.png

Please guys help to solve this problem of Economics with some explanation.

   Related Questions in Microeconomics

  • Q : Shutting down the average expected

    All firms will shut down when the average expected revenue by selling output fails to exceed expected: (w) average total cost. (x) marginal cost. (y) average fixed cost. (z) average variable costs. I need a good an

  • Q : Hiring labor for Profit Maximization

    When the marginal revenue product of the very last worker hired is more than the marginal resource cost of the worker, then the firm: (1) Is experiencing rising returns to the scale. (2) Can raise its gains by hiring more labor. (3) Is maximizing the profit. (4) Must

  • Q : Sunk cost Give the answer of following

    Give the answer of following question. Which of the following sayings associate most closely to the idea of sunk costs? 1) Don't cry over spilt milk. 2) A bird in the hand is worth two in the bush. 3) He who hesitates is lost. 4) Show me the money.

  • Q : Expectations of short run effect Most

    Most of the consumers and investors have learned via experience that ‘new’ high-tech equipment becomes outdated quickly, and that prices drop by roughly half annually. They adjust by delaying purchases, waiting for estimated higher quality and lower prices

  • Q : Determine the yearly total revenues

    When the U.S. wheat market as in below demonstrated graph is primarily within equilibrium on S0D0, in that case the yearly total revenues (price × quantity) of wheat farmers will equivalent: (1) 0P4gQ4

  • Q : Goal of profit sharing plans Give the

    Give the answer of following question. For the firm, the major goal of profit sharing plans is to: A) force workers to incur some of the business risk. B) overcome the monopsony problem of having to pay higher wages to attract additional workers. C) overcome the princ

  • Q : Measurement of below poverty line Below

    Below the poverty line the proportion of the U.S. population is: (w) rises with upturns of the business cycle. (x) has declined, though somewhat erratically, over the past 50 years. (y) has been virtually eliminated by a vigorous “War on Poverty

  • Q : Gaining more Consumer Surplus I have a

    I have a problem in economics on gaining more Consumer Surplus. Please help me in the following question. Sushi lovers would be most probable to gain more consumer surplus as an outcome of rises in the: (i) Price of the steamed rice. (ii) Supply of sushi. (iii) Income

  • Q : Problem regarding to intermediation for

    Ticket-scalpers allow latecomers to ignore standing into line for tickets and permit people to wait till the last moment before deciding to attend athletic or concerts events. Are promoters of an event harmed through scalping? Must ticket scalpers' services be free? S

  • Q : Relatively market power The firm from

    The firm from the given list with relatively the most market power would probably be: (w) General Motors. (x) the world's biggest wheat farm. (y) a gas station in Wayout, Wyoming that has no competitors into 70 miles. (z) the BestBuy in Durham, North