Monopolies

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Calculate and plot the following
Quantity Price TR AR MR TC AC MC
1 100 - - - -
2 90 - - -
3 80 100 -
4 70 130
5 60 138
6 50 152
7 40 180
8 30 - 228
9 20 - 322
10 10 - 520
11 0 - 900
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Calculate and plot the following
Quantity Price TR AR MR TC AC MC
1 100 100 - - - -
2 90 180 - - -
3 80 240 100 -
4 70 280 130
5 60 300 138
6 50 300 152
7 40 280 180
8 30 240 - 228
9 20 180 - 322
10 10 100 - 520
11 0 0 - 900
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Calculate and plot the following
Quantity Price TR AR MR TC AC MC
1 100 100 100 - - - -
2 90 180 90 - - -
3 80 240 80 100 -
4 70 280 70 130
5 60 300 60 138
6 50 300 50 152
7 40 280 40 180
8 30 240 30 - 228
9 20 180 20 - 322
10 10 100 10 - 520
11 0 0 0 - 900
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Calculate and plot the following
Quantity Price TR AR MR TC AC MC
1 100 100 100 - - - -
2 90 180 90 80 - - -
3 80 240 80 60 100 -
4 70 280 70 40 130
5 60 300 60 20 138
6 50 300 50 0 152
7 40 280 40 -20 180
8 30 240 30 - 228
9 20 180 20 - 322
10 10 100 10 - 520
11 0 0 0 - 900
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Calculate and plot the following
Quantity Price TR AR MR TC AC MC
1 100 100 100 - - - -
2 90 180 90 80 - - -
3 80 240 80 60 100 100 -
4 70 280 70 40 130 65
5 60 300 60 20 138 46
6 50 300 50 0 152 38
7 40 280 40 -20 180 36
8 30 240 30 - 228 38
9 20 180 20 - 322 46
10 10 100 10 - 520 65
11 0 0 0 - 900 100
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Calculate and plot the following
Quantity Price TR AR MR TC AC MC
1 100 100 100 - - - -
2 90 180 90 80 - - -
3 80 240 80 60 100 100 -
4 70 280 70 40 130 65 30
5 60 300 60 20 138 46 8
6 50 300 50 0 152 38 14
7 40 280 40 -20 180 36 28
8 30 240 30 - 228 38 48
9 20 180 20 - 322 46 94
10 10 100 10 - 520 65 198
11 0 0 0 - 900 100 380
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Calculate and plot the following
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Calculate and plot the following
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Calculate and plot the following
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Calculate and plot the following
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Calculate and plot the following
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Abnormal Profit (normal profit is the factor
payment for enterprise and as such is viewed as a
cost
Welfare loss as these units are not produced but
would have provided more benefit than cost if
they had been
MC
Price
AC
Perfectly competitive firms would produce here
Pm
MC cuts AC at its lowest point
D
Output is NOT at bottom of AC curve and so is
inefficient.
Profit Maximisation at MRMC
Quantity
Qm
MR