15708612340075890799890678637636.jpg - 2 monop P = q y 2 Profit mox may p sly cay max-g y sy = q y 6 2 sy = 4 y 3 2 21 4 24 = 0 at IT max(yazz 5 =3 5

# 15708612340075890799890678637636.jpg - 2 monop P = q y 2...

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Unformatted text preview: 2. monop . P = q - y 2 . Profit mox ; may p ( sly - cay) max ( -g) y - sy = q y - 6 2 - sy = 4 y - 3 2 21 - 4 - 24 = 0 at IT max (yazz 5 =3. 5 IIM S - MC = AC MC = 5 AC =S P = 9 - 2 - 7 2 4.5 Profit = pryt - c(&quot; ) 2 x 2 - 5 X 2 Itm 0 at 9 = 2 efast = ay xe y ( 0 ) = q - 8 So east = 1x - 3.5 2 No, the firs would never operate at a part where elasticity if ley, then I - 271- The firm 's MR E a.L at the curve must go through the - - D mid pr . is the em ( zo it must seat MR abort point A. So we have a point...
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