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Author Question: If the inverse demand curve a monopoly faces is p = 100 - 2Q, MC is constant at 16, and the ... (Read 190 times)

londonang

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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
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potomatos

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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.
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londonang

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

meganmoser117

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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