A monopolist (company A) has the following cost & revenue info in Economics Forum Posted December 8, 2010 · Edited December 8, 2010 by devlin info: Company A Q, TC, Price 0, 100, 170 1, 140, 160 2, 184, 150 3, 230, 140 4, 280, 130 5, 335, 120 6, 394, 110 7, 475, 100 8, 575, 90 What is the profit maximizing quantity of output for A? What price should company A charge if their goal is to maximize profit? What is fixed cost for A when they are maximizing their profits? What is maximum profit A could earn?
A monopolist (company A) has the following cost & revenue info
in Economics Forum
Posted · Edited by devlin
info:
Company A
Q, TC, Price
0, 100, 170
1, 140, 160
2, 184, 150
3, 230, 140
4, 280, 130
5, 335, 120
6, 394, 110
7, 475, 100
8, 575, 90
What is the profit maximizing quantity of output for A?
What price should company A charge if their goal is to maximize profit?
What is fixed cost for A when they are maximizing their profits?
What is maximum profit A could earn?