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 213 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
Excellent

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Rates of water loss by two turtles and a tortoise indicate an inverse relationship between the dryne Rates of water loss by two turtles and a tortoise indicate an inverse relationship between the dryne
The Many Faces of Life The Many Faces of Life
The Many Faces of Life (Part 2) The Many Faces of Life (Part 2)
How to find the derivatives of inverse hyperbolic functions How to find the derivatives of inverse hyperbolic functions
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Differentiation of Inverse Trigonometric Function Differentiation of Inverse Trigonometric Function
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library