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Author Question: An unregulated electric company is a monopolist and faces demand of Q = 50 - 10P. If the company has ... (Read 61 times)

futuristic

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on: Jul 1, 2018
An unregulated electric company is a monopolist and faces demand of Q = 50 - 10P. If the company has zero marginal costs, its profit-maximizing price is
 a. 0
  b. 1
  c. 2.5
  d. 5

Question 2

If an unregulated electric company is a monopolist and faces demand of Q = 50 - 10P. It has a constant marginal cost of 1 and must pay an environmental fee to the government of 0.2 per unit of output. In this situation, the profit-maximizing level of output is:
 a. 5
  b. 10
  c. 20
  d. 50


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Alyson.hiatt@yahoo.com

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


futuristic

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  • Posts: 638
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

TheNamesImani

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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