Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

A pure monopolist sells output for $4.00 per unit at the current level of production. At this level of output, the marginal cost is $3.00, average variable costs are $3.75, and average total costs are $4.25. The marginal revenue is $3.00. What is the short-run and long-run condition for the monopolist and what output changes would you recommend?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9441352
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Microeconomics

Quesiton if a corporation has a tax credit of 80000 and its

Quesiton: If a corporation has a tax credit of $80,000 and its taxable income is $550,000. How much tax do they have to pay based on the tax table in your equation sheet? The response must be typed, single spaced, must b ...

Question identify 4 governance risks and explain what risk

Question: Identify 4 governance risks and explain what risk management strategies you would use to manage it and who would be responsible for thatIdentify 4 governance risks and explain what risk management strategies yo ...

Question two firms share a building guards patrolling the

Question: Two firms share a building. Guards patrolling the building protect both the stores. The jewelrystore's demand curve for guards is strictly greater at all prices than that of the hat store. Themarginal cost of a ...

Question give an orginal concise but thorough answer to the

Question: Give an orginal concise but thorough answer to the following questions. a. Define social responsibility. How does this view of the role of business differ from your previous perceptions? How is it consistent wi ...

Question define what is generally meant by the term law

Question: Define what is generally meant by the term law. Then give an example of a federal law by naming it and say which branch of government wrote the law. The response must be typed, single spaced, must be in times n ...

Question how does a government agency raise revenue

Question: How does a government agency raise revenue differently from a private company, and how does that affect the way government decisions are made, compared to business decisions? The response must be typed, single ...

Question describe the various ways that monetary policy has

Question: Describe the various ways that monetary policy has been used to stimulate growth in various developed economies since the global financial crisis. The response must be typed, single spaced, must be in times new ...

Question consider the case of global environmental problems

Question: Consider the case of global environmental problems that spill across international borders as a prisoner's dilemma of the sort studied in Monopolistic Competition and Oligopoly. Say that there are two countries ...

Question please do not send any pictures just text which

Question: Please do not send any pictures, just text which can be copied and modified. Write a short essay of about 750 words on the following topic: How does Mancur Olson explain differences in economic performance of n ...

Question what do isoquants look like if there are no

Question: What do isoquants look like if there are no substitution possibilities at all, for example, if making a one-pound cake requires precisely three eggs and three cups of flour? The response must be typed, single s ...

  • 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

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved