Friday

April 18, 2014

April 18, 2014

Posted by **Lorie** on Saturday, December 5, 2009 at 11:33pm.

Buyer A Maximum price $50,000

Buyer B Maximum price $40,000

Buyer C Maximum price $30,000

Buyer D Maximum price $20,000

Buyer E Maximum price $10,000

The cost of producing the cars includes $50,000 of fixed costs and a constant marginal cost of $10,000. With a Quantity between 0 and 6 cars per period.

a) graph the demand, marginal revenue, and marginal cost curves.

b) What is the profit-maximizing rate of output and price for the monopolist? How much profit does the monopolist make?

Output____________

Price_____________

Profit____________

c) If the monopolist can price-discriminate, how many cars will he sell?

d) How much profit will he make?

**Related Questions**

college/microeconomics - The following table indicates the prices various buyers...

math - a soft ware buyer looking for a product to retail for $230.00 he wants ...

Econ - In which of the following circumstances would a buyer be indifferent ...

Stuck on 3d - Math - Suppose you’re thinking about buying a used car, but you’ve...

business math - a software buyer is looking for a product to retail for $230. he...

math (percent) - A software buyer is looking for a product to retail for $230. ...

real estate finance - A property sells for $125,000 and the homeowner has a ...

Math - A buyer is paying a reduced $500 in closing costs on a home with a sale ...

Math - The price of a small cabin is $40,000. The bank requires a 5% down ...

math - A buyer is paying a reduced $500 in closing costs on a home with a sale ...