Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

At the profit maximizing level of output for a monopolist:

A . P = AR and AR= AC.

B. P = MC and MR > MC.

C. P > MC and MR = MC.

D. P = MR and AC = MC.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91572795

Have any Question?


Related Questions in Business Economics

Describe 2 variables a government will look at to predict

Describe 2 variables a government will look at to predict where the economy will be in the next six months.

We live in kapurkua a small island in the mediterranean

We live in Kapurkua, a small island in the mediterranean between Greece and Spain (no, it doesn't really exist so don't look it up in the map). In the island we produce and consume canoes, latreks (a garment that is comf ...

Suppose that for a given patient the true ef is 63 consider

Suppose that, for a given patient, the true EF is 63. Consider the population of EF values that can be estimated on that patient using option II above. That population follows a normal distribution with μ= 63. Find the p ...

A monopolist faces a market demand curve given by py 100 y

A monopolist faces a market demand curve given by P(y) = 100 y. Its cost function is c(y) = y 2 + 20. (a) Find its profit - maximizing output level y and the market price p(y ). (b) Calculate its total revenue, total cos ...

A data set amount in dollars spent on books for a semester

a. Data set: Amount (in dollars) spent on books for a semester. Number of classes: 6 91 472 279 249 530 376 188 341 266 199 142 273 189 130 489 266 248 101 375 486 190 398 188 269 43 30 127 354 84 b. Number of classes: 5 ...

Why are farmers paid so little the price of agricultural

Why are farmers paid so little? The price of agricultural goods like chickens and coffee has been falling for decades and the share going to farmers has also been falling. What is the "Global division of labor" in food p ...

Bob is interested in studying whether the average household

Bob is interested in studying whether the average household income in city A is lower than the national benchmark, μ 0  = $51,500. He collects income information from a random sample of 100 households, conducts a one-sam ...

The ages of commercial aircraft are normally distributed

The ages of commercial aircraft are normally distributed with a mean of 13.5 years and a standard deviation of 8.3821 years. What percentage of individual aircraft have ages between 10 years and 16 years? Assume thata ra ...

Answer in true or false1 in the circular flow model firms

Answer in true or False : 1) In the circular flow model, firms sell the services of factors of production to households 2) If GDP included the value of leisure time, the value of US GDP would most likely increase. 3) GDP ...

What are the assumptions of linear regression analysis and

What are the assumptions of linear regression analysis and, How do we interpret the regression coefficients ,can u give a real life example of how linear regression is used in statistical research

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As