This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Dealing with Natural MonopoliesThe graph shows the demand curve (D), marginal cost curve (MC), ... (Read 58 times)

connormoss

  • Full Member
  • ***
  • Posts: 130
on: Nov 23, 2022
Dealing with Natural Monopolies

The graph shows the demand curve (D), marginal cost curve (MC), marginal revenue curve (MR), and average total cost curve (ATC) for a natural monopoly.



Assume that P1=$7, P2=$12.50, P3=$12.75, P4=$25, Q1=30, Q2=103, and Q3=139. If regulators use the marginal cost rule to set price, what is the monopoly's loss? If the regulators use the average cost rule to set price, what is the monopoly's profit?
Please round your final answer to two decimal places.
◦ $25.75, $0
◦ $25.75, $764.50
◦ $764.50, $0
◦ $764.50, $25.75
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by connormoss on Nov 23, 2022

tharris7314

  • Full Member
  • ***
  • Posts: 153
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 45% of students answer this correctly


connormoss

  • Member
  • Posts: 130
Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Evolutionary adaptation to a new environment via natural selection. Evolutionary adaptation to a new environment via natural selection.
Natural defenses against stomach acid Natural defenses against stomach acid
(a) The Dmanisi cranium (right) shows similarities to early African H. erectus including the Narioko (a) The Dmanisi cranium (right) shows similarities to early African H. erectus including the Narioko
This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ... This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ...
How to manually solve and graph any quadratic equation How to manually solve and graph any quadratic equation
The impact of climate change on natural ecosystems The impact of climate change on natural ecosystems
Video: Introduction to Photolithography - WC, BLF, PA, Hard and Soft baking

For a complete list of videos, visit our video library