Suppose a monopolist faces the demand curve P=162-2Q. The monopolist’s marginal costs are a constant $27 and they have fixed costs equal to $55. 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.) Suppose a monopolist faces the demand curve P=157-2Q. The monopolist’s marginal costs are a constant $28 and they have fixed costs equal to $145. Given this information, what are the maximum profits this firm can earn? (Round your answer to two decimal places. Do not use a $ sign.) Suppose a monopolist faces the demand curve P=153-3Q. The monopolist’s marginal costs are a constant $18 and they have fixed costs equal to %113. Given this information, if the firm maximizes their profits, what would be the size of the deadweight loss in this market?
Suppose a monopolist faces the demand curve P=162-2Q. The monopolist’s marginal costs are a constant $27 and they
have fixed costs equal to $55. 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.)
Suppose a monopolist faces the demand curve P=157-2Q. The monopolist’s marginal costs are a constant $28 and they have fixed costs equal to $145. Given this information, what are the maximum profits this firm can earn?
(Round your answer to two decimal places. Do not use a $ sign.)
Suppose a monopolist faces the demand curve P=153-3Q. The monopolist’s marginal costs are a constant $18 and they have fixed costs equal to %113. Given this information, if the firm maximizes their profits, what would be the size of the deadweight loss in this market?
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