Amonopolist faces the following demand curve, marginal revenue curve, total cost curve and marginal cost curve for its product: q = 200 - 2p mr = 100 - q tc = 5q mc = 5 refer to scenario 10.2. what is the profit maximizing level of output?

Q=95, P= 52.5

Step-by-step explanation:

The profit maximizing level of output in monopolies is reached when the marginal cost is equal to the marginal revenue. This is also the profit maximizing rule in perfect competition, the difference between both is that is perfect competition the marginal revenue is equal to the price while in monopolies, the demand curve is often above the marginal revenue curve, then the actual price (defined by the demand curve) is often higher than the marginal revenue price.

For this problem the profit maximizing level of output is:

MC=MR

5=100-Q

Q=95

Because monopolies decide the selling price based on the demand curve, you should replace this quantity in the demand curve equation:

95=200-2P

95-200/2=-P

P= 52.5

24

step-by-step explanation:

the degrees would remain the same ( the number to the left of the decimal point.

the multiply the decimal by 60 to get the minutes and use the numbers to the left of the decimal point.

then multiply the decimal portion of that by 60 for the seconds and round off as needed.

39 .956652

the 39 remains the degrees.

the minutes = 0.956652 x 60 = 57.39912

the minutes = 57

the seconds = 0.39912 x 60 = 23.95 = 24 ( rounded to nearest tenth)

so 39.956652 = 39 degrees, 57 minutes and 24 seconds

-75.159809

the -75 remains the degrees

the minutes = 0.159809 x 60 = 9.58854

the minutes = 9

the seconds = 0.58854 x 60 = 35.31, rounded to nearest tenth = 35.3 seconds

so -75.159809 = -75 degrees, 9 minutes and 35.3 seconds.

the first coordinate is north or south, since it it positive it is north.

the second number is east or west, because it is negative it is west.

39 degrees, 57 minutes and 24 seconds n

-75 degrees, 9 minutes and 35.3 seconds w