1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
faust18 [17]
2 years ago
11

A monopolist faces a demand curve given by: P = 220 – 3Q, where P is the price of the good and Q is the quantity demanded. The m

arginal cost of production is constant and is equal to $40. There are no fixed costs of production. What is the deadweight loss associated with this monopoly?
Business
1 answer:
Montano1993 [528]2 years ago
8 0

Answer:

$1350

Explanation:

To find dead weight loss we will take into consideration the price and output level of both monopoly and perfect competition.

Dead weight loss = {(P2 - P1) * (Q1-Q2)} / 2

Where, P2 and Q2 are price and quantity respectively of monopolist and P1 and Q1 are price and quantity respectively of perfect competiton.

Dead weight loss = {(130-40) * (60-30)}/2

= (90*30)/2

= $1350

You might be interested in
6. A listing broker should:
irina [24]

A listing broker should c. suggest a listing price based on comparable market data.

What does the term "listing broker" mean?

Listing brokers and listing agents are normally paid only if the sale is successful. A listing broker, often known as a seller's agent, is in charge of representing the interests of those wishing to sell a property. Historically, a commission for selling a house has typically been in the range of 6% of the selling price. The listing broker or agent and the buyer's or selling agent each receive an equal share of the commission. The most frequent type of listing agreement is an exclusive right to sell listing. For a predetermined amount of time, the broker has the sole authority to market the property under the terms of this agreement.

To know more about broker click on the link below:

brainly.com/question/17011472

#SPJ1

7 0
8 months ago
_____ involves determining the specific job tasks and responsibilities, the work environment, and the methods by which the tasks
const2013 [10]

Answer:

c. Job design

Explanation:

Job design refers to establishing tasks, responsabilities and procedures that are necessary in order to perform a specific job. Also, job design has a goal of organizing the work in a way that it encourages employees satisfaction so they have a good performance that will help to accomplish the objectives set by the company. So, according to this, the answer is job design.

5 0
2 years ago
John’s Smoothie Stand at Utah’s Wasatch County’s Demolition Derby sells bananas. If John bought 53 lbs. of bananas at $.32 per p
ipn [44]
He should price them by taking 90 percent and dividing by .32
8 0
3 years ago
A rational economic decision: a) may or may not result in the largest economic payoff. b) is concerned with efficiency but not w
zlopas [31]

Answer:

The correct option is B

Explanation:

Rational economic decision is the process where the costs as well as the benefits of the various options are being compared in order to determine or evaluate the which option is rational. Rational decisions have total benefit greater than or equal to their cost. So, the rational economic decision concerned with the efficiency not with the fairness or equity.

7 0
3 years ago
Conchita is applying for a VA loan. She has served in the military, on active service, for ninety days. She is trying to buy a t
LUCKY_DIMON [66]

Answer:

No, Conchita will not be considered for a VA loan.

Explanation:

In order for a Veterans Affairs (VA) loan to be given, the borrower must comply with the following conditions regarding service time:

  • the borrower must have served for at least 90 days of active duty (service during wartime)
  • the borrower must have served for at least 181 days of active service (service during peacetime)

Conchita has not served the 181 days of active service required.

8 0
3 years ago
Other questions:
  • What is a major internal concern that could affect the incorporation of social media int?
    5·1 answer
  • During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to sharehol
    9·1 answer
  • Delsing Canning Company is considering an expansion of its facilities. Its current income statement is as follows:
    14·1 answer
  • For most young people, working full-time and going to school are substitutes: You tend to do one or the other. When it’s tough t
    7·1 answer
  • Look up the following words. Give the etymology of each. State what kind of term, such as mathematical, scientific, political sc
    6·1 answer
  • If you find yourself part of a team at work , what is the best way to behave during a team meeting ?
    6·2 answers
  • A company issues a 10-year, callable bond at par with 8% annual coupon payments. The bond can be called at par in one year after
    14·1 answer
  • Tamarisk has the following inventory data:
    9·1 answer
  • Highlight four reasons why a person may start a business<br>i).....​
    7·1 answer
  • Check all of the perks a job might offer as incentives for potential applicants
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!