Ask a New Question

Suppose the multiplant monopolist having a linear demand function Q=50-p is operating in two plants each has marginal cost function as mc1=20+2Q1 and mc2=10+5Q2 respectively. 1.What is total output and price. 2.What is profit of the monopolist?

Ask a New Question or answer this question.

Similar Questions

A monopolist is operating at an output level where (€) = 3. The government imposes a quantity tax of $6 per unit of output. If
1. 1 answer
5. A monopolist is operating at an output level where I€) = 3. The government imposes a quantity tax of $6 per unit of output.
1. 1 answer
. Suppose the demand curve for a monopolist is QD =500 - P, and the marginal revenue function is MR =500 – 2Q. The monopolist
1. 3 answers
Suppose the demand curve for a monopolist isQD = 500 − P, and the marginal revenue function is MR = 500 − 2Q. The monopolist
1. 3 answers

more similar questions