Suppose the demand curve for a monopolist is qd500-p and, Econometrics

+44 141 628 6080
[email protected]

Suppose the demand curve for a monopolist is qd500-p and

Suppose the demand curve for a monopolist is QD=500-P and the marginal revenue function as MR=500- 2Q The monopolist has a constant marginal and average total cost of $50 per unit

a. find the monopolist's profit-maximizing output and prices.

b) calculate the monopolist's profit.

c)What is the Lerner Index for this industry?

Request for Solution File

Ask an Expert for Answer!!

Econometrics: Suppose the demand curve for a monopolist is qd500-p and

Reference No:- TGS0577029

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Econometrics

Q : A new machine can be purchased today at 300000 the annual

A new machine can be purchased today at $300000. The annual revenue from the machine is calculated to be $67000 and the equipment will last 10 years. Expect the the maintenance and operating costs to be $3000 a year

Q : An investor bought 100 shares of omega common stock for

An investor bought 100 shares of Omega common stock for $9000. He held the stock for 9 years. For the first 4 years he received annual end-of-year dividends of $800. For the next 4 years he received annual dividends of $400.

Q : The pressure in a traveling sound wave is given by the

The pressure in a traveling sound wave is given by the following equation. p = (2.1 Pa) sin ?[(1.40 m-1)x - (280 s-1)t], Find the pressure amplitude and Find the wavelength

Q : A column of soldiers marching at 141 paces per minute keep

A column of soldiers, marching at 141 paces per minute, keep in step with the beat of a drummer at the head of the column, What is the approximate length of the column

Q : Suppose the demand curve for a monopolist is qd500-p and

Suppose the demand curve for a monopolist is QD=500-P and the marginal revenue function as MR=500- 2Q The monopolist has a constant marginal and average total cost of $50 per unit

Q : When 16 ml of water at 19 c is combined with 15 ml of water

When 16 mL of water at 19 C is combined with 15 mL of water at 59 C, what is the final temperature of the water?. The specific heat of water is 4.184 J/g/K and its density is 1.0 g/mL.

Q : A firm is considering purchasing 64800 of hand tools for

A firm is considering purchasing $64800 of hand tools for use on a production line. It is estimated that the tools will reduce overtime work by $2000 the first year, with this amount increasing $1300 per year thereafter.

Q : A 4700 municipal bond is offered for sale the bond will pay

A $4700 municipal bond is offered for sale. The bond will pay 6 % annual interest by paying the $282 to the bondholder every year for a period of 12 years. At the end of 12 years, the $4700 will be paid to the bondholder

Q : A cylindrical air tank has dimensions diameter 02m and

A cylindrical air tank has dimensions diameter = 0.2m and height 0.8m, Calculate the mass of air in the tank (kg) (have to use ideal gas law, molecular weight of air)

1955772

Questions
Asked

3,689

Active Tutors

1418802

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Econometrics: Suppose the demand curve for a monopolist is qd500-p and

Reference No:- TGS0577029

Have a Question? (oR Write a Review)

Recent Questions Asked Econometrics

Q : A new machine can be purchased today at 300000 the annual

Q : An investor bought 100 shares of omega common stock for

Q : The pressure in a traveling sound wave is given by the

Q : A column of soldiers marching at 141 paces per minute keep

Q : Suppose the demand curve for a monopolist is qd500-p and

Q : When 16 ml of water at 19 c is combined with 15 ml of water

Q : A firm is considering purchasing 64800 of hand tools for

Q : A 4700 municipal bond is offered for sale the bond will pay

Q : A cylindrical air tank has dimensions diameter 02m and

Investigate the cause of the recent werewolf attacks

Describe marxist theory and psychology of addiction

Explain framers decisions in creating the constitution

Federal bureaucracy has to put up with a lot of red tape

What power of recognition when it comes to office president

What right ordinance power give to the president

Analyze leadership of organization during particular event

Request for Solution File

Ask an Expert for Answer!!

Econometrics: Suppose the demand curve for a monopolist is qd500-p and

Reference No:- TGS0577029

Recent Questions Asked Econometrics

Q : A new machine can be purchased today at 300000 the annual

Q : An investor bought 100 shares of omega common stock for

Q : The pressure in a traveling sound wave is given by the

Q : A column of soldiers marching at 141 paces per minute keep

Q : Suppose the demand curve for a monopolist is qd500-p and

Q : When 16 ml of water at 19 c is combined with 15 ml of water

Q : A firm is considering purchasing 64800 of hand tools for

Q : A 4700 municipal bond is offered for sale the bond will pay

Q : A cylindrical air tank has dimensions diameter 02m and

Asked Questions