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tanbee931Lv1
28 Sep 2019
Price Quantity demanded Total revenue Marginal revenue
$150 0 0
135 1 135 135
118 2 236 101
106 3 318 82
98 4 392 74
90 5 450 58
83 6 498 48
77 7 539 41
72 8 576 37
68 9 612 36
64 10 640 28
Total Product : 0 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
Average Fixed Cost: 60, 30, 20, 15, 12, 10, 8.57, 7.5, 6.67,6
Average Variab.Cost: 45, 42.5, 40, 37.5, 37, 37.5, 38.57, 40.63,43.33, 46.50
Average Total Cost: 105, 72.5, 60, 52.5, 49, 47.5, 47.14, 48.13,50, 52.5
marginal Cost: 45 40 35 30 35 40 45 55 65 75
A/ What is the monopolistâs profit? $ Explain why?
B/ Profit-maximizing Q (quantity) =? TR= ? And TC= ? Explain Why
Price Quantity demanded Total revenue Marginal revenue
$150 0 0
135 1 135 135
118 2 236 101
106 3 318 82
98 4 392 74
90 5 450 58
83 6 498 48
77 7 539 41
72 8 576 37
68 9 612 36
64 10 640 28
Total Product : 0 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
Average Fixed Cost: 60, 30, 20, 15, 12, 10, 8.57, 7.5, 6.67,6
Average Variab.Cost: 45, 42.5, 40, 37.5, 37, 37.5, 38.57, 40.63,43.33, 46.50
Average Total Cost: 105, 72.5, 60, 52.5, 49, 47.5, 47.14, 48.13,50, 52.5
marginal Cost: 45 40 35 30 35 40 45 55 65 75
A/ What is the monopolistâs profit? $ Explain why?
B/ Profit-maximizing Q (quantity) =? TR= ? And TC= ? Explain Why
$150 0 0
135 1 135 135
118 2 236 101
106 3 318 82
98 4 392 74
90 5 450 58
83 6 498 48
77 7 539 41
72 8 576 37
68 9 612 36
64 10 640 28
Total Product : 0 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
Average Fixed Cost: 60, 30, 20, 15, 12, 10, 8.57, 7.5, 6.67,6
Average Variab.Cost: 45, 42.5, 40, 37.5, 37, 37.5, 38.57, 40.63,43.33, 46.50
Average Total Cost: 105, 72.5, 60, 52.5, 49, 47.5, 47.14, 48.13,50, 52.5
marginal Cost: 45 40 35 30 35 40 45 55 65 75
A/ What is the monopolistâs profit? $ Explain why?
B/ Profit-maximizing Q (quantity) =? TR= ? And TC= ? Explain Why
manhokwe tawandaLv10
29 Sep 2019
