This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Efficiency in Output LevelsThe graph shows the demand curve (D), marginal revenue curve (MR) and ... (Read 472 times)

jrobl3

  • Full Member
  • ***
  • Posts: 167
on: Nov 23, 2022
Efficiency in Output Levels

The graph shows the demand curve (D), marginal revenue curve (MR) and marginal cost curve (MC) for a firm that is a monopoly. In the short run and long run, marginal cost equals average total cost (ATC).
 
Assume that the area of A=10, B=10, C=27, D=10, and E=28. What is the total surplus at the monopolist's profit-maximizing price? At the efficient price and quantity, what is total surplus?
◦ $37, $0
◦ $85, $57
◦ $57, $85
◦ $20, $37
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jrobl3 on Nov 23, 2022

Burly

  • Full Member
  • ***
  • Posts: 167
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.
Answer Preview
Only 42% of students answer this correctly


jrobl3

  • Member
  • Posts: 167
Reply 2 on: Nov 23, 2022
:D TYSM

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

A Dose-Response Curve A Dose-Response Curve
A typical ECT sensor temperature versus voltage curve. A typical ECT sensor temperature versus voltage curve.
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
How to graph line equations without a table of values How to graph line equations without a table of values
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library