A.

Agribusiness firm ABC is the only buyer of good X. The demand for X is P=460-2Q, where P is the price per unit in USD per unit, and Q is 1000s of good X. The supply of X is P=40+Q, this is the AE of X. Since ABC is a monopsony buyer, it will buy how many thousand units of X?

Group of answer choices

a. 145

b. 105

c. 160

d. 130

B.

Agribusiness firm ABC is the only buyer of good X. The demand for X is P=460-2Q, where P is the price per unit in USD per unit, and Q is 1000s of good X. The supply of X is P=40+Q, this is the AE of X. Since ABC is a monopsony buyer, what price will it pay for X?

Group of answer choices

a. 145

b. 190

c. 170

d. 180

C.

Agribusiness firm ABC is the only buyer of good X. The demand for X is P=460-2Q, where P is the price per unit in USD per unit, and Q is 1000s of good X. The supply of X is P=40+Q, this is the AE of X. If ABC were in a competitive industry, the equilibrium quantity would be?

Group of answer choices

a. 180

b. 190

c. 140

d. 220

D.

Agribusiness firm ABC is the only buyer of good X. The demand for X is P=460-2Q, where P is the price per unit in USD per unit, and Q is 1000s of good X. The supply of X is P=40+Q, this is the AE of X. If ABC were in a competitive industry, the equilibrium price would be?

Group of answer choices

a. 290

b. 220

c. 180

d. 240

E.

Agribusiness firm ABC is the only buyer of good X. The demand for X is P=460-2Q, where P is the price per unit in USD per unit, and Q is 1000s of good X. The supply of X is P=40+Q, this is the AE of X. If ABC were a monopsony, the dead weight loss would be equal to?

Group of answer choices

a. 3600

b. 3100.5

c. 1837.5

d. 2700.25