Suppose a monopolist faces a market demand curve of the form: P = 122 – 0.2Q. This monopolist has a total cost curve given by: TC = 2Q. If the government were to regulate this monopolist and require them to charge a price equal to average cost, this price would be equal to $_____, and the monopolist would make a profit of $______.Group of answer choices2; 36,000.0; 0.2; 0.61; 17,995.62; 18,000.

Suppose a monopolist faces a demand curve of the form P = 180 - 2Q. This monopolist faces a total cost curve of the form TC = 20Q. If this monopolist was regulated with "average cost pricing" so as to make a "normal" rate of return, what would be the price the government requires the monopolist to charge? What would be the monopolist's profit?Group of answer choicesP = $20; The monopolist would make a loss, which would be subsidised by the government.P = $100; The monopolist would make a loss, which would be subsidised by the government.P = $0; The monopolist would make a loss, which would be subsidised by the government.P = $100; The monopolist would make a positive economic profit.P = $20; The monopolist would make a zero economic profit.

Consider a single-price monopoly that produces electrical cars. Suppose you are told that the monopoly has the following cost curves where TC is total cost measured in dollars, Q is the quantity of electrical cars, and P is the price per electrical car in dollars: Total Cost: 18+5Q+0.5Q2 Market demand curve is also given by following equation Market Demand: P=95-Q If the monopoly aims to maximize its profit, what price it will charge for each electrical car?

A monopolist faces a demand curve given by P = 30-Q and has constant marginal (and average cost) of $24. What is the economic profit made by this profit-maximising monopolist when practicing perfect price discrimination? [Round your answer to 2 decimal places where necessary]

A profit-maximising firm in a monopolistic competition setup will seek to produce the quantity Q where (X), and charge the price indicated by the firm’s (Y) curve at quantity Q. Identify X and Y.X = marginal cost equals marginal revenue; Y = marginal cost X = average cost is more than average revenue; Y = average total cost X = marginal cost equals marginal revenue; Y = demand X = average cost is more than average revenue; Y = demand

The demand function for a monopolist is P = 30 - 0.75Qtotal costs are TC = 20 + 9Q + 0.3Q2Marginal Revenue is MR =30-1.5Qa. What is the profit-maximizing rate of output? (1 Marks)b. What are the profits? (1 Marks)c. What would be the price and output under perfect competition if the monopolist's marginal cost curve is the competitive industry's supply curve? (3 Marks)d. Calculate the amount of the deadweight loss associated with the monopoly outcome. (3 Marks)