Question
YOU USED THIS INFO FOR THE LAST QUESTION, AND FOR THIS QUESTION AND THE NEXT TWO QUESTIONS. You are a monopolist serving a single market
YOU USED THIS INFO FOR THE LAST QUESTION, AND FOR THIS QUESTION AND THE NEXT TWO QUESTIONS.
You are a monopolist serving a single market but you have 2 different factories. The market demand for your product is:
Q = 336 - 2*P
And the two factories have the following marginal cost functions:
MCA= 22 + Q and MCB= 14 + Q
Using the procedure you used in class, answer the following question. What is the TOTAL quantity of output this monopolist will produce (following the procedure in the videos, I am asking for QTOTAL)
a.QTOTAL= 88
b. QTOTAL= 100
c.QTOTAL= 116
d. QTOTAL= 96
You are a monopolist serving a single market but you have 2 different factories. The market demand for your product is:
Q = 336- 2*P
And the two factories have the following marginal cost functions:
MCA = 22+ Q and MCB = 14+ Q
Using the procedure we used in the video to answer the following question.
How will the correct QTotal from Question 19be distributed across the two factories?
a. Q in Factory A is 48; Q in Factory B is 64
b. Q in Factory A is 46; Q in Factory B is 54
c. Q in Factory A is 32; Q in Factory B is 64
d. Q in Factory A is 40; Q in Factory B is 48
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