What amount of output will monopolist produce if it is

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Reference no: EM13454994

The following data is for a purely monopolistic firm and is valid in the short run.

Price	Quantity Demanded	Total Revenue - Single Price Monopolist	Marginal Revenue - Single Price Monopolist	Total Revenue - Perfect Price Discrimination	Marginal Revenue - Perfect Price Discrimination	Average Total Cost	Marginal Cost
$162	0					--	--
152	1					$190.00	$ 100
142	2					135.00	60
132	3					113.33	70
122	4					100.00	60
112	5					94.00	70
102	6					91.67	80
92	7					91.43	90
82	8					93.75	110
72	9					97.78	130
62	10					103.00	150

Complete the Total Revenue and the Marginal Revenue columns for the Single Price Monopolist
What amount of output will the Single Price Monopolist produce? Why? What price will the Single Price Monopolist charge for its output? What amount of economic profit will the Single Price Monopolist earn? (Show your calculations.
Complete the Total Revenue and the Marginal Revenue columns for the Monopolist if is uses perfect price discrimination.
What amount of output will the Monopolist produce if it is able to use perfect price discrimination? Why? What amount of economic profit will the Monopolist earn if it is able to use perfect price discrimination? (Show your calculations.)
Does price discrimination impact the pure monopolist's ability to achieve productive efficiency and allocative efficiency? How? Why?

Reference no: EM13454994

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