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Consider a monopolist facing demand curve Q = 100 - P. MC=AC=$20.

a. Find the monopoly price, profits, and consumer surplus.
b. Find the perfectly competitive price, quantity, profits, and consumer surplus.
c. How much deadweight loss is due to monopolization?
d. If the monopolist can perfectly price discriminate (1^st degree), find the total quantity sold, the marginal price for the last unit sold, consumer surplus, profit, deadweight loss.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9166484

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