A monopoly is producing 1000 units of outputs at price of $20. At that level of output, marginal cost is $5 and average cost is $8.The monoply firm is earning profit equal to ?

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A: The Equilibrium is the point where the demand curve intersects the supply curve. The tax revenue is…

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Q: Suppose now that a quantity tax of $1 per unit is introduced. d. Compute the equilibrium demand and…

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Q: The Upstream Nukem Co. uses a technology that produces pollutants as a by-product. The company dumps…

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Q: Find all the Subgame Perfect Nash equilibrium of the game presented in Figure 1.

A: Find all the sub games perfect nash equilibrium of the game presented in Figure 1.

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A: Disclaimer- “Since you have asked multiple question, we will solve the first three question for you…