--%>

Total costs incur by profit-maximizing monopolist

Hybrid Roses is the merely florist in 60 miles of Presidio, Texas. When total fixed costs (for example, rent and utilities) are $9 per hour, that profit-maximizing monopolist will incur total costs of around: (w) $20 per hour. (x) $27 per hour. (y) $34 per hour. (z) $49.50 per hour.

1957_Maximum Total Revenue.png

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

   Related Questions in Microeconomics

  • Q : Break even and zero economic profit at

    Within the long run, after HoloIMAGine’s holographic technology patents lapsed moreover entry and exit became probable in this market, therefore HoloIMAGine would be expected to: (w) carry on to reap economic profits. (x) break even and experien

  • 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 : Demand for loanable funds An increase

    An increase in the demand for loanable funds is reflected within an increase in the: (1) term structure of interest rates. (2) demand for money. (3) supply of bonds. (4) supply of money. (5) demand for bonds. I nee

  • Q : Effect of higher price for normal good

    Let consider the law of demand. The idea that the higher price for a normal good will outcome in less of good being purchased never based logically on the: (1) Income effect, by which the higher price decreases the purchasing power of the income. (2) Demand for good f

  • Q : Minimum wage laws for unskilled and

    The capability of unskilled workers to compete against skilled workers for jobs tends to be decreased by: (1) progressive income taxes. (2) laws which impose excessive legal minimum wages. (3) speculation and arbitrage. (d) inflationary balance of trade deficits. (5)

  • Q : Problem on utility-maximizing bundle

    Jane consumes only apples and chocolate.  She is always willing to trade 1piece of chocolate for exactly 3 apples. Her income is $200.  She can buy apples for $1 each and chocolate for $2 per piece.a. To Jane, apples and chocolate are (circle 1):

  • Q : Determine present value by interest rate

    When the annual interest rate is 12 percent and a rental house can be expected to rent perpetually for price of $1,000 monthly, in that case the house has a present value of approximately: (1) $240,000. (2) $144,000. (3) $100,000. (4) $72,000. (5) $12

  • Q : Income effect of a wage Can someone

    Can someone help me in finding out the right answer from the given options. When the income effect of a wage raise is more powerful than the substitution effect, then the:  (1) Labor supply curve will be ‘backward bending’. (2) Unemployment rate will

  • Q : Illustrate the meaning of deflationary

    Meaning of deflationary Gap: This is the gap among excess of aggregate supply over the aggregate demand at complete employment level.

  • Q : Depicts shift of the budget line The

    The shift of the budget line from cd to ab in the below  given figure is consistent with: 1) decreases in the prices of both M and N . 2) an increase in the price of M and a decrease in the price of N . 3) a decrease in money income. 4) an increase in money inc