Title: The graph shows the demand curve (D), marginal revenue curve (MR), marginal cost curve (MC) and ...
Post by: imomo on Nov 14, 2022
The graph shows the demand curve (D), marginal revenue curve (MR), marginal cost curve (MC) and average total cost curve (ATC) for a monopolist.
Assume that P1=$105, P2=$121, P3=$134, P4=$157, Q1=44, and Q2=66. What is the monopolist's profit in the short run? In the long run?
Please round your final answer to two decimal places.
▸ $1012.00, $0
▸ $2288.00,$0
▸ $2288.00, $2288.00
▸ $1012.00, $1012.00
Assume that P1=$105, P2=$121, P3=$134, P4=$157, Q1=44, and Q2=66. What is the monopolist's profit in the short run? In the long run?
Please round your final answer to two decimal places.
▸ $1012.00, $0
▸ $2288.00,$0
▸ $2288.00, $2288.00
▸ $1012.00, $1012.00
Title: The graph shows the demand curve (D), marginal revenue curve (MR), marginal cost curve (MC) and ...
Post by: frithne on Nov 14, 2022
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