Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

SOALAN 2 (15 MARKAH) QUESTION 2 (15 MARKS) a) Kayu Jaya Sdn.Bhd. ialah pemonopoli dalam industri kayu blok. Fungsi jumlah kosnya adalah TC = 100-5Q+Q2

image text in transcribed

image text in transcribed
SOALAN 2 (15 MARKAH) QUESTION 2 (15 MARKS) a) Kayu Jaya Sdn.Bhd. ialah pemonopoli dalam industri kayu blok. Fungsi jumlah kosnya adalah TC = 100-5Q+Q2 dan fungsi permintaan adalah P=55-2Q. Apakah harga yang memaksimumkan keuntungan dan jumlah produk yang dihasilkan? Kavu Jaya San. Bhd is a monopolist in the woodblock industry. Its cost function is TC =100- 50+Q', and its demand function is P= 35-20. What price should the firm set to maximize profit, and what output does the firm produce? (6 markah/marks) b) Huraikan perbezaan kesan kebajikan ekonomi di antara pasaran monopoli dan pasaran persaingan sempurna (gunakan lakaran yang sesuai). Discuss the economic welfare effects between monopoly and perfect competition markets. Use an appropriate diagram. (9 markah/marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

E-Commerce 2013 Business Technology Society

Authors: Ken Laudon, Kenneth C Laudon

9th Edition

0132730359, 978-0132730358

More Books

Students also viewed these Economics questions

Question

How do you add two harmonic motions having different frequencies?

Answered: 1 week ago