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

Author Question: If the inverse demand curve a monopoly faces is p = 100 - 2Q, MC is constant at 16, and the ... (Read 206 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
on: Jul 1, 2018
If the inverse demand curve a monopoly faces is p = 100 - 2Q, MC is constant at 16, and the government imposes an 8 per unit specific tax on the monopoly, the deadweight loss solely due to the tax is
 
  A) 88.
  B) 152.
  C) 361.
  D) 441.

Question 2

The reasons why a competitive firm's short-run supply curve is upward sloping are
 
  A) the law of diminishing marginal returns and profit maximization.
  B) constant returns to scale and profit maximization.
  C) decreasing returns to scale and profit maximization.
  D) Both B and C.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jul 1, 2018
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 56% of students answer this correctly


londonang

  • Member
  • Posts: 540
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
How to use inverse trigonometric functions to solve a right triangle How to use inverse trigonometric functions to solve a right triangle
Titration curve for aspartic acid Titration curve for aspartic acid
Derivative of Inverse Trig Function Derivative of Inverse Trig Function
The original Supply and Demand graph The original Supply and Demand graph
When 1.50 mol of CH4(g) reacts with excess Cl2(g) at constant pressure according to the ... When 1.50 mol of CH4(g) reacts with excess Cl2(g) at constant pressure according to the ...
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library