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faust18 [17]
3 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]3 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

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Answer: it experiences a capital inflow.

Explanation:

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Answer:

aren't binding on the limited partners.

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As the Chief Investment Officer for "A Nyce Place to Work" you have been given the opportunity to invest in the Super-Tazer. It
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Answer:

0.25

Explanation:

Given the following outcomes,

  • Outcome 1: probability (P) = 0.25, return (R) = 0.10
  • Outcome 2: P = 0.50, R = 0.25
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Answer:

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