This topic contains a solution. Click here to go to the answer

Author Question: Optimal Output of a MonopolistThe United States Postal Service incurs daily fixed costs of $90 and ... (Read 133 times)

Gabby

  • Full Member
  • ***
  • Posts: 153
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Gabby on Nov 23, 2022

Harsh06

  • Full Member
  • ***
  • Posts: 162
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 59% of students answer this correctly




Gabby

  • Member
  • Posts: 153
Reply 2 on: Nov 23, 2022
Excellent


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

For a complete list of videos, visit our video library