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
Natalka [10]
3 years ago
8

Consider a market with 190 consumers. Of these, 90 of them have individual (nverse) demands given by: PM(Q)=10-Q, while each of

the other 100 has an individual (inverse) demand of PS(Q)=10-10Q. The cost function of the monopolist serving this market is 60 400. (a) Find the aggregate demand. Analyze the cost function and find what kind of returns to scale it exhibits. (b) Compute the efficient total output (ignoring break-even constraints).(c) Compute the optimal linear price (and quantity) for this monopolist.(d) Compute the consumer surplus for a consumer of each of the two types. Also, compute the deadweight loss.

Social Studies
1 answer:
Molodets [167]3 years ago
6 0

Answer:

Check the explanation

Explanation:

(a) Aggregate demand can be the total sum of demand of all the people. It is proposed that a person inverse demand curve of individual amounting to 90 is PM(Q) = 10-Q and individual inverse demand curve of 100 individual is PS(Q)=10-10Q. therefore the aggregate demand curve  is Q=1000-100P

Kindly check the attached image below to see the step by step explanation to the question above.

You might be interested in
Why were the roman roads built?
svetoff [14.1K]

Answer:

As the legions blazed a trail through Europe, the Romans built new highways to link captured cities with Rome and establish them as colonies. These routes ensured that the Roman military could out-pace and out-maneuver its enemies, but they also aided in the everyday maintenance of the Empire.

Explanation:

8 0
3 years ago
An infant puts her thumb in her mouth repeatedly because she finds it enjoyable or interesting. piaget would describe this as a:
AlladinOne [14]
<span>Piaget will describe an infant who is sucking the thumb as the infant is exploring the world and experiencing it for the first time with trial and error, due to which it learns the texture consistency and mature of objects around, and if the infant finds it enjoyable or interesting then it will do it again and again just as the sucking reflex in new borns.</span>
3 0
2 years ago
Out of these three which of the following types of people would be unlikely to do much to change themselves?
Black_prince [1.1K]
It well be a because that is the answer


8 0
2 years ago
Shanice spends her weekends engaged in freestyle motocross. shanice is participating in a(n) _____ sport.
MArishka [77]
<span>Freestyle motocross is an auto-sport as it is a type of motorcycle racing. It's one of two types of motocross which involves tracks of multiple hills that involves competitors making jumps of varying lengths. These routines, performances, can last from a little over a minute to a quarter hour.</span>
3 0
3 years ago
What is one reason the white house is separating families at the border. someone plese help me
Elina [12.6K]
The reason they were or are separating families at the border is as a deterrent. This is why they say they do it. But it is cruel and inhumane
5 0
3 years ago
Other questions:
  • Muslims believe that gods messages to Muhammad were written down in the
    11·2 answers
  • What is a non-example of a imperialism
    7·1 answer
  • Which of the following portrays a riot?
    15·2 answers
  • Relationships among people are __________.
    5·1 answer
  • The process of granting authority to carry out specific functions is called__________.
    12·2 answers
  • Eleven-year-old Leah has developed a sense of competence at a number of useful skills and tasks. She has a positive but realisti
    7·1 answer
  • Which of the following statements is correct? a. The U.S. population has increased more rapidly than real GDP in recent decades.
    5·1 answer
  • Why did Thomas Jefferson disagree with Alexander Hamilton during their time as members of
    11·2 answers
  • Do you agree the world is broken?
    10·2 answers
  • What does it mean when an ambulance lights are on but no siren
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!