正在加载图片...
d Calculate the output and price of dry cleaning if it is produced under monopolistic nditions without regulation The monopolist will set marginal cost equal to marginal revenue.Recall that the marginal revenue curve has a slope that is twice the slope of the demand curve so MR=100-2Q-MC=10+Q.Therefore.Q=30 and P=70. ermine the tax that would result in a monopolistic market producing the socially efficient output. The tax is equal to zero since the monopolist will produce at the socially efficient output in fAssuming that no attempt is made to monitor or regulate the pollution,which market structure yields higher social welfare?Discuss. In this case it is actually the monopolist that yields the higher level of social welfare over the competitive market since the monopolist's profit maximizing price and quantityare the socially efficient solution Since a monopolist tends to produce less output than the competitive equilibrium,it may end up producing closer to the social equilibrium when a negative externality is present. d Calculate the output and price of dry cleaning if it is produced under monopolistic conditions without regulation. The monopolist will set marginal cost equal to marginal revenue. Recall that the marginal revenue curve has a slope that is twice the slope of the demand curve so MR=100-2Q=MC=10+Q. Therefore, Q=30 and P=70. e Determine the tax that would result in a monopolistic market producing the socially efficient output. The tax is equal to zero since the monopolist will produce at the socially efficient output in this case. f Assuming that no attempt is made to monitor or regulate the pollution, which market structure yields higher social welfare? Discuss. In this case it is actually the monopolist that yields the higher level of social welfare over the competitive market since the monopolist’s profit maximizing price and quantity are the same as the socially efficient solution. Since a monopolist tends to produce less output than the competitive equilibrium, it may end up producing closer to the social equilibrium when a negative externality is present
<<向上翻页
©2008-现在 cucdc.com 高等教育资讯网 版权所有