Managerial Economics & Business Strategy 8th Edition by Michael Baye,Jeff Prince

تمرين 21

The accompanying diagram shows the demand, marginal revenue, and marginal cost of a monopolist.
a. Determine the profit-maximizing output and price.
b. What price and output would prevail if this firm's product was sold by price-taking firms in a perfectly competitive market?
c. Calculate the deadweight loss of this monopoly.