too old
This page lists questions and answers that were posted by visitors named too old.
Questions
The following questions were asked by visitors named too old.
The demand curve for a monopolist is Qd = 500 - P and the marginal revenue function is MR = 500 - 2P. The monoploist has a constant marginal and average total cost of $50 per unit. a. Find the monopolist's profit maximizing output and price b.Calculate th...
15 years ago
A monopolist has a constant marginal and average cost of $10 and faces a demand curve of QD = 100 - 10P. Marginal revenue is given by MR=100-.20P. a. Calculate the monopolist's profit maximizing quantity, price, and profit. b. Now suppose that the monopol...
15 years ago
Answers
The following answers were posted by visitors named too old.