Ask Experts » Education » Exam Questions »

Consider a monopolist facing the following demand and cost curves

Date: 30 Jan 2013   Group: Education    Category: Exam Questions   


Consider a monopolist facing the following demand and cost curves.
P = 50 - 2Q C = 25+10Q

(Hint: Total demand at any point P will be the summation of two quantities)
Suppose the firm is able to separate its customers in two distinct markets with the following demand functions.

P1 = 40 - 2.5Q1 P2 = 90 - 10Q2

From the above equation calculate the following:


i) Total demand
ii) Marginal Revenue
iii) Marginal Cost



Find Answers
Are you looking for solved exam questions? Get free solved exam papers of different subjects in this website.


No responses found. Be the first to respond and make money from revenue sharing program.

Answers      





Post answer or solution to "Consider a monopolist facing the following demand and cost curves"

You can earn revenue online from Google AdSense and our revenue sharing programs by post valid, self written answers for the problem Consider a monopolist facing the following demand and cost curves




You must Sign In to post a response.


Next Question: How to choose post and state preference in SSC CGL EXAM
Previous Question: Calculate area of a field where all side having different length
Return to Question Index
Ask Question to Expert
Category: Exam Questions

 
Related Questions
Popular Tags   What are tags ?   Search Tags  

Awards & Gifts
Active Members
TodayLast 7 Daysmore...

ISC Technologies, Kochi - India. Copyright © All Rights Reserved.