C if marginal cost is constant at 18 what is the

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(c) If marginal cost is constant at $18, what is the profit-maximizing rate of output?
(d) Assuming a firm has monopoly power, what price should be charged at that rate of output?
Question 3If the on-campus demand for soda is as follows: Price (per can)$0.250.500.751.001.251.501.752.00Quantity demanded(per day)10090807060504030And the marginal cost of supplying a soda is 50 cents, what price will students end up paying inInstructions:Enter your responses rounded to two decimal places.(a) A perfectly competitive market?
(b) A monopolized market?
$ 1.25 Question 4(a) Complete the following table which summarizes the weekly sales and cost situation confronting a monopolist:Instructions:Enter your responses for total revenue, marginal revenue, and marginal cost as whole numbers. Enter your responses for average total cost to two decimal places. Indicate a negative response with a (-) negative sign. PriceQuantityDemandedTotalRevenueMarginalRevenueTotalCostMarginalCostAverageTotalCost$220$0 $ ---$ 4$ --$ ---201$20 $20 8$4 $8.00 182$36 $16 13$5 $6.50 163$48 $12 19$6 $6.33 144$56 $8 27$8 $6.75 125$60 $4 37$10 $7.40 106$60 $0 51$14 $8.50 87$56 $-4 69$18 $9.86

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