Regulated natural monopoly

Assignment Help Business Economics
Reference no: EM13819091

A regulated natural monopoly has the following data:

MC= 12

ATC = 12050

Quantity demanded at $12 = 2,500

if the firm is ordered to price its good so that there is locative efficiency then the firm will have?

a. zero economic profit

b. an economic loss $7,250

c. an economic loss of $1250

d. an economic profit of $4,000

Reference no: EM13819091

Questions Cloud

Raise this year will not keep up with the increase in prices : Your spouse complains that her 6% raise this year will not keep up with the increase in prices. In other words, she is unable to buy the same basket of goods with her 6% raise. Therefore, she believes that her
The theory of ricardian equivalence : Using our best data-based guesses about real-world elasticity, the demand for loanable funds curve is probably rather ______________ and the effects of crowding out are likely to be ___________. The theory of Ricardian equivalence
Technology increases then in the long run : Other things the same, if technology increases, then in the long run
What is the philosophy behind the use of rehabilitation : What is rehabilitation and what is the history behind it's use? What is the philosophy behind the use of rehabilitation?
Regulated natural monopoly : A regulated natural monopoly has the following data: if the firm is ordered to price its good so that there is locative efficiency then the firm will have?
Classmates regarding how monetary policies affect our lives : Participate in a discussion with your classmates regarding how monetary policies affect our lives. Utilizing the knowledge that you have accumulated during our course, and by reading or watching the current news, determine the monetary policy issues ..
Classmates regarding how fiscal policies affect our lives : Participate in a discussion with your classmates regarding how fiscal policies affect our lives. As previously covered in Chapter 13, we learned that the real business cycle results from fluctuations in the pace of growth of labor productivity and po..
How does social class impact a persons life : How does social class impact a person's life? How are we socialized to view social class in America, various groups in poverty, and how do these perceptions shape social policies?

Reviews

Write a Review

Business Economics Questions & Answers

  Qin this problem we consider the differences between the

q.in this problem we consider the differences between the competitive monopoly and cournot equilibria under the same

  Explained as an exception to the law of demand

During the real estate boom of the mid-1990s, the price of new and existing homes rose year after year, yet people purchased more homes year after year. Is this outcome best explained as an exception to the law of demand, or is a different explanatio..

  The cfo for a corporation deliberately misstates expenses

The CFO for a corporation deliberately misstates expenses on the income statement purely out of a sense of loyalty to his CEO and the company.

  What do economists mean that private goods tend

Illustrate what do economists mean when they say that private goods tend to be produced in the right amounts.

  Evaluate the factors involved in making decisions

Evaluate the factors involved in making decisions about pricing tobacco products indicating which would be the most influential.

  Will average expected rates of return rise or fall

If investors dislike of risk grows more intense while the risk-free interest rate is constant, will average expected rates of return rise or fall?

  Marketing and production-competitive environment

Boat is a product of the Baldwin Company which is primarily in the Nano segment, but is also sold in another segment. Baldwin starts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equa..

  Has the banks security interest attached

You sign a security agreement that describes the collateral. The bank does not file a financing statement. Has the banks security interest attached? If so, when?

  Qq1 explain how do i calculate the midpoints and marginal

q.q1. explain how do i calculate the midpoints and marginal costs of 1 thing in terms of the other and the other thing

  How does social class impact a persons life

How does social class impact a person's life? How are we socialized to view social class in America, various groups in poverty, and how do these perceptions shape social policies?

  Percent-changes in formula for estimating price elasticity

We use percent-changes in the formula for estimating the price elasticity of demand coefficient in order to:

  Explain the implications of those classifications on tax

Explain the implications of those classifications on tax revenue collections when the per-unit tax increases as opposed to decreases.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd