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Published bySofia Napier Modified over 10 years ago
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Section 11 – Module 61 – Daphne’s Apparel Shop as a Monopoly
Mr. Weiss Section 11 – Module 61 – Daphne’s Apparel Shop as a Monopoly Complete the table below: Q FC VC TC ATC AVC MC P TR ATR MR Profit 5 13 1 5 6 12 2 9 11 3 10 4 18 5 25 8 34 7 49 68 1. Draw a graph and show the ATC, AVC, MC, ATR, MR, P, and D. 2. Determine the profit-maximizing output and price this monopolist will charge. (Draw a graph.)
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Section 11 – Module 61 – Daphne’s Apparel Shop as a Monopoly
Mr. Weiss Section 11 – Module 61 – Daphne’s Apparel Shop as a Monopoly Complete the table below: Q FC VC TC ATC AVC MC P TR ATR MR Profit 5 5 13 0 -5 1 6 11 6 12 12 1 2 9 14 7 4.5 3 11 22 10 8 3 18 4.3 4 10 30 8 4 18 23 5.8 36 9 6 13 5 25 8 40 4 34 39 6.5 5.7 7 42 7 2 3 49 54 7.7 15 0 -12 68 73 9.1 8.5 19 5 -2 -33 1. Draw a graph and show the ATC, AVC, MC, ATR, MR, P, and D. 2. Determine the profit-maximizing output and price this monopolist will charge.
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Section 11 – Module 61 – Daphne’s Apparel Shop as a Monopoly
Mr. Weiss Section 11 – Module 61 – Daphne’s Apparel Shop as a Monopoly 2. Determine the profit-maximizing output and price this monopolist will charge. The profit-maximizing output is 4 units, at a price of 9.
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