Question 2
Consider a monopolistic market. Firm's cost is TC(Q)= 0.5Q²+2Q+6,000,000 and market demand is Q(P)=10,000- 2P. Answer the following questions.
申論題內容
(b)
Under the first best pricing regulation, calculate
monopoly quantity Q= _______
monopoly profit π= _______
and social surplus SS＜sub＞f＜/sub＞= _______
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