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1A. Consider a monopolist with demand q = 120 - 2p and marginal cost MC = 40. Determine the firm's price and quantity under uniform

1A.

Consider a monopolist with demand q = 120 - 2p and marginal cost MC = 40. Determine the firm's price and quantity under uniform pricing.

Question 1 options:

p = 50; q = 20

p= 45; q=40

p=40; q = 30

p=20; q = 40

B.

Consider a monopolist with demand q = 120 - 2p and marginal cost MC = 40. Determine the firm's profits under uniform pricing.

Question 2 options:

100

200

150

300

C.

Consider a monopolist with demand q = 120 - 2p and marginal cost MC = 40. Determine the producer surplus under uniform pricing.

Question 3 options:

100

200

300

150

D.

Consider a monopolist with demand q = 120 - 2p and marginal cost MC = 40. Determine the consumer surplus under uniform pricing.

Question 4 options:

200

150

300

100

E.

Consider a monopolist with demand q = 120 - 2p and marginal cost MC = 40. Determine the total surplus under uniform pricing.

Question 5 options:

150

100

200

300

F.

Consider a monopolist with demand q = 120 - 2p and marginal cost MC = 40. Suppose the firm is able to participate in perfect price discrimination. Determine the firm's optimal output.

Question 6 options:

q=40

q = 20

q = 60

q = 30

G.

Consider a monopolist with demand q = 120 - 2p and marginal cost MC = 40. Suppose the firm is able to participate in perfect price discrimination. Determine the firm's profits.

Question 7 options:

400

200

q = 300

100

H.

Consider a monopolist with demand q = 120 - 2p and marginal cost MC = 40. Suppose the firm is able to participate in perfect price discrimination. Determine the consumer surplus.

Question 8 options:

0

q = 100

50

25

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