Unformatted text preview: MR = 10008Q B) At what quantity will MR = 0? 10008Q = 0 q = 125 C) Given your answer to B, over what range of quantity will demand be elastic? 0 to 125 D) If MC = 2Q, find the monopolist's profitmaximizing point. 10008Q = 2Q Q = 100 E) Calculate price at the profitmaximizing point (use the inverse demand curve). Price = 1000 – 4*100 = 600...
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 Fall '08
 Duffy,P
 Euclidean geometry, inverse demand curve

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