What are the monopolists total cost and total revenue

Assignment Help Econometrics
Reference no: EM13199905

dollars per unit = 8.00, 6.00, 5.00, 4.50, 3.00 and Units per Period = 5,000 , 8,000

a) what is the monopolist's profit-maximizing output?
b)At the profit-maximizing output rate, what are the monoplist's average total cost and average revenue?
c) At the profit-maximizing output rate, what are the monopolist's total cost and total revenue?
d) What is the maximum profit?

Reference no: EM13199905

Questions Cloud

How large of a sample would have to be taken to provide : A university planner wants to determine the proportion of spring semester students who will attend summer school. She surveys 32 current students discovering that 12 will return for summer school.
Treatment history help the case manager : In what ways can knowing a client's past service or treatment history help the case manager?
Evaluate the truthfulness of the information received : What are some things a case manager can do to increase the likelihood of getting accurate information? What are some ways to evaluate the truthfulness of the information received?
Identify the risks and benefits of extracting : Identify the risks and benefits of extracting or using one type of nonrenewable and one type of renewable energy resource a forest ecosystem, or in areas near that ecosystem.
What are the monopolists total cost and total revenue : dollars per unit = 8.00, 6.00, 5.00, 4.50, 3.00 and Units per Period = 5,000 , 8,000 a) what is the monopolist's profit-maximizing output b)At the profit-maximizing output rate, what are the monoplist's average total cost and average revenue
Purpose of the national security council : What is the purpose of the National Security Council and how is it organized to meet its purpose. How is relationship with PDD-63 related to PDD-62 Counter-Terrorism? How are they common?
What is the total of autonomous spending : What is the value of the vertical intercept of the aggregate expenditures function when we add net exports. What is the total (equation wise) of autonomous spending with net exports added.
Map of census enumeration district population : Suppose you are supplied with a map of Census Enumeration District population for the city of Leeds and asked to critique and compare the vector and raster spatial data models as a suitable means by which to represent and subsequently analyse this ma..
Coarse scale land surface and climate modelling purpose : provide preliminary information on the data requirement for a GIS that is to be used to hold an inventory of continental scale vegetation maps for coarse scale land surface and climate modelling purpose

Reviews

Write a Review

Econometrics Questions & Answers

  Design a simple econometric research project

Design a simple econometric research project

  Multiplicative decomposition method

Multiplicative decomposition method

  Market for cigarettes

The Australian government administers two programs that affect the market for cigarettes.

  Solve the forecast model

Solve the forecast model

  What are the marginal abatement cost functions

What are the marginal abatement cost functions for each of the two areas? Calculate the loss in the two areas due to over-control (for the rural area) and under-control (for the urban area).

  Write the t statistic for testing the null hypothesis

Explain why this model violates the assumption of no perfect collinearity.  Write the t statistic for testing the null hypothesis

  What is economics system

What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type

  Multiple choice questions related to market concentration

Determine when a competitively produced product generates negative externalities in production, the industry will,

  Calculating number of units produced by firm

Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.

  Question about mobile commerce

M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Mechanism of an english auction and second price auction

Briefly discuss the difference between mechanism of an oral or English auction and a Vickrey or second price auction.

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