You are a monopolist and your inverse demand curve and cost function are the following:

P = 90- (3Q/2)

TC(Q) = 400Q + [(Q^3)/2]

The MC (Marginal Cost) is:

Select one:

a.

Q^2

b.

400

c.

400+(3/2)(Q^2)

d.

3Q^2

Clear my choice

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You are a monopolist and your inverse demand curve and cost function are the following:

P = 90- (3Q/2)

TC(Q) = 400Q + [(Q^3)/2]

The MR (Marginal Revenue) is:

Select one:

a.

(3/2)Q

b.

3Q

c.

90Q

d.

90 - 3Q

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Suppose that you are a monopolist in the market of a specific coffee shop. Your inverse demand curve and cost function are the following:

P = 60- (Q)

TC(Q) = 250+ [Q^2]

The Equilibrium Quantity Q is:

Select one:

a.

60

b.

250

c.

0

d.

15

Clear my choice

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Suppose that you are a monopolist in the market of a specific coffee shop. Your inverse demand curve and cost function are the following:

P = 60- (Q)

TC(Q) = 250+ [Q^2]

The Equilibrium Price P is:

Select one:

a.

$250

b.

$60

c.

$45

d.

$40

Clear my choice

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Suppose that you are a monopolist in the market of a specific coffee shop. Your inverse demand curve and cost function are the following:

P = 60- (Q)

TC(Q) = 250+ [Q^2]

Total Profit is:

Select one:

a.

$0

b.

$2,400

c.

$200

d.

$1,200

MC ATC MC ATC 10 AVC 10 AVC Price and costs (dollars per unit) Price and costs (dollars per unit) 6 6 A A 2 N MR D MR D O 2 4 6 8 10 12 0 6 8 10 12 Quantity (units per day) Quantity (units per day) For the single-price monopolist illustrated in figure 2 will produce For the single-price monopolist illustrated in figure 2 has a total cost of Select one: Select one: C a. $8 a 6 units per day C C b. $32 b. 4 units per day C $16 9 units per day C $40 0 units per dayFigure 1 ATC 10 AVC 10 MC CO Price and costs (dollars per unit) 8 ATC Price and costs (dollars per unit) 6 6 A A 2 2 MR MR D D O 2 6 8 10 12 O 2 6 8 10 12 Quantity (units per day) Quantity (units per year) For the single-price monopolist illustrated in figure 2 has a total revenue of Select one: For the single-price monopoly shown in figure 1, when its profit is maximized, output and price will be? a $8 Select one: a b. 4 units and the price will be $6 $40 C 4 units and the price will be $4 $16 C C d 6 units and the price will be $4. $36 Clear my choice d None of the above answers is correct