Calcutate the amount of profit that this firm earns

Reference no: EM13183478

A monopolist produces according to the following demand curve: p=200 - 4Q. Assume that the firm faces a constant marginal cost and constant average total cost of 60 per unit produced.

A.calculate the optimal output that this monopolist should produce?

B. Calculate the price that this monopolist should charge?

C. Calcutate the amount of profit that this firm earns?

Reference no: EM13183478

Questions Cloud

Find the cost of mining in terms of wheat : US and Canada can both grow wheat and can do mining. Use the following table to look for which country has a comparative advantage in mining. (Hint: Find the Absolute Absolute Cost in US Cost in Canada Wheat $5 C$8 Mining $10 C$12 c..

Two dimensional arrays with both positive and negations ions : This is for two dimensional arrays with both positive and negations ions alternating in a square pattern. I am given the hint to select an area with boundries through the middle of the outermost ions-ie the edge ions count as 1/2

Describe the hybridization of carbon : Explain the hybridization of carbon in C2H2 using electron configuration diagrams of the original atoms, excited staes

Prepare a cash budget statement of cash flows : Prepare a budgeted income statement, under absorption costing for Mile-High for the months of April, May and June assuming that Mile High opts to use the variable delivery service. Include supporting schedules to support the revenues and manufactu..

Calcutate the amount of profit that this firm earns : A monopolist produces according to the following demand curve: p=200 - 4Q. Assume that the firm faces a constant marginal cost and constant average total cost of 60 per unit produced. A.calculate the optimal output that this monopolist should prod..

Explain dihydroxyacetone and d-glyceraldehyde : the intermediates formed in the base catalyzed cleavage of D-fructose to dihydroxyacetone and D-glyceraldehyde.

Are rental rates higher in hong kong than in paris : Commercial real estate prices and rental rates suffered substantial declines in the past year (Newsweek, July 27, 2009). These declines were particularly severe in Asia; annual lease rates in Tokyo, Hong Kong, and Singapore declined by 40% or more..

Prepare journal entries to record the preceding information : Prepare journal entries to record the preceding information and show what is reported on the Holly Companys 2010 income statement.

State what is the concentration of fe : A solution is made by mixing 4.6 mL of 0.274 M Fe(NO3)3 and 656.0 mL of water. What is the concentration of Fe3+ in the resulting solution?

User Account

All Pages