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Author Question: Optimal Output of a MonopolistThe United States Postal Service incurs daily fixed costs of $90 and ... (Read 120 times)

Gabby

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on: Nov 23, 2022
Optimal Output of a Monopolist

The United States Postal Service incurs daily fixed costs of $90 and average variable costs of $0.09 per letter delivered. The profit-maximizing quantity is to deliver 4700 letters per day at a price of $0.60 per letter. If daily fixed costs increase to $190, the profit-maximizing quantity ________ (increases/decreases/stays the same) and profit ________ (increases/decreases) by ________.
Please round your final answer to two decimal places.
◦ decreases, decreases, $100.00
◦ decreases, increases, $2307.00
◦ stays the same, decreases, $100.00
◦ increases, increases, $2207.00
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by Gabby on Nov 23, 2022

Harsh06

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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.
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Gabby

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

chereeb

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Reply 3 on: Yesterday
:D TYSM

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