100C MT - Topic 1) Monopoly liPui fctay produce fAore. D...

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Unformatted text preview: Topic 1) Monopoly liPui fctay produce fAore. D cs-to vrJt S i op f'fl ^ die ff\AnC\ C ^ vT V * \fVVR --fc.es me i-e, fi re . to s, U n*r\ the as Decn X - of s v This study guide is for your personal use. It may not copied, transferred or used by any other person. 1. A monopolist has the long run cost function of C(Q) = A + Q 2 . Inverse C TAA market demand is equal to P D (Q) = 99 - -Q 2 . a. Assuming no shutdown find the monopolists profit maximizing price and quantity. C- A* Cl*" 1. r, 1 " This study guide is for your personal use. It may not copied, transferred or used by any other person. Ltier's Index t o Thd ECQA To I o r i . fMAo0$l<Tt Olu^r > am tu io r-far u t f>N o b /C ar^ U ts o-t* 1 astfC ,* ~ i t - e > H L T L. (PS2 teach unless I care. But it is hard to care, when the people you are trying to help are stealing from you. When students copy and our study guides, they are not just stealing revenue from me, they are stealing the joy that I get from teaching" TheEconTutor onopolist's level of profit. For what values ofonopolist's level of profit....
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This note was uploaded on 10/21/2011 for the course ECON 100c taught by Professor Staff during the Spring '08 term at UCSD.

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100C MT - Topic 1) Monopoly liPui fctay produce fAore. D...

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