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Consider the data given below regarding a Monopoly firm . Q (Units) 10203040506070 AR ($) 32292623201714 MR ($) 3226201482-4 MC ($) 48121014161718 AC ($) 483023.34212019.519.28
Consider the data given below regarding aMonopoly firm.
Q (Units)
10203040506070
AR ($)
32292623201714
MR ($)
3226201482-4
MC ($)
48121014161718
AC ($)
483023.34212019.519.28
1.)Total cost under Fair Return Pricing method of regulating monopoly will be
A.$840
B.$1000
C.$920
D.$1020
2.) we can conclude that anunregulated Monopolist,
A. Gets no loss, no profit
B. Incur loss $23
C. Earns profit $40
D. Incurs loss $840
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