What is the unregulated equilibrium

Assignment Help Business Economics

Reference no: EM13869079

The inverse demand for a product is P(Q) = 100 − (1/2)Q. Production is associated with a marginal private cost, MCP (Q) = Q, and a constant marginal external cost, MCE = 25.

(a) Graph inverse demand, marginal revenue, marginal private cost, and marginal social cost on a single graph. Label the axes. (b) What is the unregulated equilibrium? (Define in terms of price and quantity.) (c) What is the socially optimal price-quantity pair? (d) What is the deadweight loss under an unregulated monopoly in this case? (e) What should the regulator do?

Reference no: EM13869079

Questions Cloud

The governor and his college age : The governor and his college age daughter are talking after dinner. The governor has had a rough day at the office discussing the state budget problems The daughter is home on vacation after having completed a course in municipal accounting

Explain the environmental issue assigned to your group : EXPLAIN THE ISSUE. Clearly explain the environmental issue assigned to your group: what is going on and what is at stake and what are the key disagreements

About the cournot quantity : Two identical fishermen, Jill and Kevin, fish from the same lake. Since they are only two small producers, they cannot effect the price paid for their fish (P = 100), but they do influence each other’s costs. Write down the profit function for each f..

Write program that reverses string with the in main function : Write a program that reverses a string with the In themain function, ask the user to enter a string and The entered string can be handled as C-string (or converted to C-string).

What is the unregulated equilibrium : The inverse demand for a product is P(Q) = 100 − (1/2)Q. Production is associated with a marginal private cost, MCP (Q) = Q, and a constant marginal external cost, MCE = 25. Graph inverse demand, marginal revenue, marginal private cost, and marginal ..

Linear acceleration of the mass : a. The linear acceleration of the mass. b. The angular acceleration of the wheel. c. The tension in the rope.

How do we know the birth order of noah sons : Where did Cain get his wife? Support your answer from the Bible. Offer an explanation or two as to why the patriarchs lived so long. How do we know the birth order of Noah's sons? Be specific

The journal entries to record the sale of the land : Pelong Corporation sells land for $80,000 on credit, requiring a $40,000 payment in 6 months with the remainder paid in 12 months.

Opportunity cost of skipping concert and working instead : One morning, you are the first caller to identify a song contest hosted by a local radio station. As a prize, you won a free concert ticket worth $50. Unfortunately, the concert is the same night that you have to work at your $10/hour job. If you wen..

User Account

All Pages