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

Author Question: Refer to the figure above. If the monopolist faces a constant marginal cost of 10, at what price ... (Read 90 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jun 29, 2018
Refer to the figure above. If the monopolist faces a constant marginal cost of 10, at what price should it sell its output?
 
  A) 2
  B) 10
  C) 12
  D) 14

Question 2

What best determines the price a price searcher will charge?
 
  A) Reputation
  B) Demand
  C) Revenue
  D) Cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

billybob123

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


RODY.ELKHALIL

  • Member
  • Posts: 591
Reply 2 on: Jun 29, 2018
Wow, this really help

steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
Relative Humidity Changes at Constant Water-Vapor Content Relative Humidity Changes at Constant Water-Vapor Content
For a particular process that is carried out at constant pressure, q = 145 kJ and w = -35 kJ. ... For a particular process that is carried out at constant pressure, q = 145 kJ and w = -35 kJ. ...
At 34.5°C, oxygen gas expands from 34.5 L to 45.7 L against a constant pressure of 750 mmHg. ... At 34.5°C, oxygen gas expands from 34.5 L to 45.7 L against a constant pressure of 750 mmHg. ...
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library