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Suppose Delta Airlines is a monopolist in the Atlanta market with a demand schedule: P = 400-.5*Q, and marginal cost schedule MC=AC=Scomp=100. What price would
Suppose Delta Airlines is a monopolist in the Atlanta market with a demand schedule: P = 400-.5*Q, and marginal cost schedule MC=AC=Scomp=100. What price would Delta charge if it were regulated and forced to set price at the competitive level? Fill in the blank below with your answer. Your answer should be entered as a whole number such as 102. If you get 102.56, do not round or enter any decimal places, just enter 102 and nothing else for the answer.
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