A.$196.75. B.-$0.75. C.$28.25. D.-$196.75. 2. Suppose a monopolist faces the demand curve P = 164 – 1Q. The monopolist’s marginal costs are a constant $22 and they have fixed costs equal to $132. Given this information, what will the profit-maximizing price be for this monopolist? Round your answer to two decimal places. Do not use a $ sign. 3. Suppose a monopolist faces the demand curve P = 137 – 1Q. The monopolist’s marginal costs are a constant $25 and they have fixed costs equal to $104. Given this information, what are the maximum profits this firm can earn? Round your answer to two decimal places. Do not use a $ sign. 4. Suppose a monopolist faces the demand curve P = 122 – 2Q. The monopolist’s marginal costs are a constant $17 and they have fixed costs equal to $115. Given this information, if the firm maximizes their profits, what would be size of the deadweight loss in this market?
A.$196.75.B.-$0.75.C.$28.25.D.-$196.75.
2. Suppose a monopolist faces the
demand curve P = 164 – 1Q. The monopolist’s marginal costs are a constant $22 and they have fixed costs equal to $132. Given this information, what will the profit-maximizing price be for this monopolist?
Round your answer to two decimal places. Do not use a $ sign.
3. Suppose a monopolist faces the demand curve P = 137 – 1Q. The monopolist’s marginal costs are a constant $25 and they have fixed costs equal to $104. Given this information, what are the maximum profits this firm can earn?
Round your answer to two decimal places. Do not use a $ sign.
4. Suppose a monopolist faces the demand curve P = 122 – 2Q. The monopolist’s marginal costs are a constant $17 and they have fixed costs equal to $115. Given this information, if the firm maximizes their profits, what would be size of the deadweight loss in this market?
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