5. The following graph shows demand and MR for a monopoly 20 15 10 MR D 이어 역사 in 5 O 200 400 600 Quantity a. If the firm wants to sell 200 units, what price does it charge? b. If the firm charges a price of $15, how much will it sell? c. What is MR for parts a and b? Is demand elastic or inelastic? d. If the firm charges $10, how much will it sell? What is demand elasticity? 800
5. The following graph shows demand and MR for a monopoly 20 15 10 MR D 이어 역사 in 5 O 200 400 600 Quantity a. If the firm wants to sell 200 units, what price does it charge? b. If the firm charges a price of $15, how much will it sell? c. What is MR for parts a and b? Is demand elastic or inelastic? d. If the firm charges $10, how much will it sell? What is demand elasticity? 800
Chapter13: Monopoly And Antitrust
Section: Chapter Questions
Problem 1P
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