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PaulKet PaulKet
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6 years ago
A monopolist faces the (inverse) demand for its product: p = 50 - 2Q. The monopolist has a marginal cost of 10/unit and a fixed cost given by F.
a.   Assume that F is sufficiently small such that the monopolist produces a strictly positive level of output. What is the profit-maximizing price and quantity?
b.   Compute the maximum profit for the monopolist in terms of F.
c.   For what values of F will the monopolists profit be negative?
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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RumkoRumko
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6 years ago
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PaulKet Author
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6 years ago
this is exactly what I needed
Gamiung3657
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Yesterday
Helped a lot
ouasfoudgewu
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2 hours ago
Good timing, thanks!
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