O 12/13/2015 06:00 PM A 57.9/100 12/10/2015 01:38 PM Grade book Print Calculator

Question

O 12/13/2015 06:00 PM A 57.9/100 12/10/2015 01:38 PM Grade book Print Calculator Question 11 of 19 Map pling The graph below shows a monopoly with constant marginal cost and zero fixed cost. Using the graph below, show the profits and deadweight loss (DWL) for this firm, then answer the question 18 These profits are: 17 economic O accounting both, they are the same 12 for monopolies 11 100 9 Profits the long run, economic profits for this monopoly will be: O positive. DWL O increasing. MC O zero. O negative MR 0 1 2 3 4 5 6 7 8 9 1011 1213 14 1516 17181920 Quantity O Previous Check Answer Next Ext Hint

Explanation / Answer

These profits are:

--Economic

In the long-run, the economic profits will be:

--Positive.

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