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180 168 156 144 132 120 108 96 Price 84 72 60 48 36 24 12 36 72 108 144 180 216 252 288 324
180 168 156 144 132 120 108 96 Price 84 72 60 48 36 24 12 36 72 108 144 180 216 252 288 324 360 396 432 468 504 Quantity MR - - - MC=AC A monopoly face the following demand, marginal revenue and marginal cost functions Note that in this case MC (Q) =AC(Q) for all Q. Calculate the monopoly's profits if the monopoly charges the single profit maximizing priceQUESTION 4 105 98 91 84 77 70 63 56 Price 49 42 35 28 21 14 7 79 158 237 316 395 474 553 632 711 790 869 948 1027 1106 Quantity MR - - MC-AC A monopoly face the following demand, marginal revenue and marginal cost functions Note that in this case MC ( Q) =AC(Q) for all Q. Calculate consumer surplus if the monopoly charges the (single) profit maximizing priceQUESTION 5 eLe 180 168 156 144 132 120 108 96 Price 84 72 60 48 36 24 12 36 72 108 144 180 216 252 288 324 360 396 432 468 504 Quantity -MR - - - MC=AC A monopoly face the following demand, marginal revenue and marginal cost functions Note that in this case MC ( Q) =AC (Q) for all Q. Calculate the monopoly's profits if the monopoly perfectly price discriminates
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