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2014-11-29
The market demand curve is P = 100 – 4Q. A single firm (a monopoly) supplies the entire market. Its
marginal cost curve is MC = 40 + 2Q, and its fixed costs are zero. The monopoly sets prices and quantity to
maximize its profits.
What is the monopoly quantity?
A. 2
B. 4
C. 5
D. 8
E. 10
What is the monopoly price?
A. 48
B. 52
C. 56
D. 96
E. 100
What is the price elasticity of demand at the monopoly quantity and price?
A. –2.125
B. –2.273
C. –2.750
D. –3
E. –5
What is the consumers’ surplus in this market?
A. 16
B. 32
C. 64
D. 100
E. 128
What is the producers’ surplus in this market?
A. 40
B. 80
C. 160
D. 320
E. 400
What is the dead weight loss from the monopoly?
A. 8.333
B. 10.667
C. 21.333
D. 33.333
E. 85.333
做出来的答案不对,是不是题目出错了,求高手解答!!!在线等!!!
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