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A monopolist will always equate marginal revenue and marginal cost when maximizing profit.()

提问人:网友lixin080108 发布时间:2022-01-07
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更多“A monopolist will always equat…”相关的问题
第1题
The supply curve for the monopolist does not exist.
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第2题
If an upstream monopolist sells to a downstream monopolist, the price to consumers will be
higher than the competitive price, but not so high as it would be if the downstream monopolist took control of the upstream monopolist’s business and ran both the upstream and downstream markets to maximize total profits.

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第3题
For a profit-maximizing monopolist, the price of a product is:

A.alwaysequaltomarginalrevenue

B.alwaysgreaterthanmarginalrevenue

C.alwayslessthanmarginalrevenue

D.alwaysequaltotheaveragetotalcostofproduction.

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第4题
A monopolist’s profits with price discrimination will be lower than if the firm charged a single, profit-maximizing price.
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第5题
A monopolist produces a good using only one factor, labor. There are constant returns to s
cale in production, and the demand for the monopolist’s product is described by a downward sloping straight line with slope -1. The monopolist faces a horizontal labor supply curve. If the monopolist chooses output to maximize profits, then the:

A、marginal cost of labor to the monopolist exceeds the wage.

B、marginal product of labor times price of output equals the wage.

C、marginal product of labor times price of output is less than the wage.

D、marginal product of labor times price of output exceeds the wage.

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第6题
Which of the following firms is most likely to be a pure monopolist?

A、A clothing retailer with the best location in a mall

B、A grocery store in a large city

C、A grocery store in a midum-size city

D、The only gas station in a small, isolated town

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第7题
政府正在考虑对第7题中提到的垄断厂商的边际成本进行补贴。如果他们要垄断厂商生产出社会最优产
量,他们应该选择什么样的补贴水平?

The government is considering subsidizing the marginal costs of the monopolist described in the question above.What level of subsidy should the government choose if it wants the monopolist to produce the socially optimal amount of output?

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第8题
If marginal revenue on the tenth unit of output equals $4 for a non-discriminating, profit-maximizing monopolist, then price:

A.equals$4.

B.islessthan$4.

C.isgreaterthan$4.

D.mustbeequaltoaveragetotalcost.

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第9题
Question 3A plastics monopolist faces the demand curve P=180 - Q, where Q is measured in t

Question 3

A plastics monopolist faces the demand curve P=180 - Q, where Q is measured in thousands of pounds per year and P is measured in dollars per pound. Marginal cost is constant at MC=$60 per pound.

(a)Find the monopolist's profit-maximizing price and quantity.

(b)What is the elasticity of demand at the profit-maximizing price?

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第10题
A monopolist has discovered that the inverse demand function of a person with income M for the monopolist's product is p = 0.002M-q. The monopolist is able to observe the incomes of its consumers and

A.

B.

C.

D.

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第11题
An increase in a monopolist’s average cost will lead to

A、an increase in price, as the monopolist passes on the price increase

B、an increase in price only if marginal cost also increases

C、a decrease in price as the monopolist needs to sell more in order to cover increased costs

D、an increase in price only if the elasticity of demand is less than 1.0

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