Which firm IS an Illegal monopoly? This illegal monopoly can maximum its profits

Question

Which firm IS an Illegal monopoly? This illegal monopoly can maximum its profits by selling Q = at P = s At the price you answered for question (2), this same firm will earn profits = s The maximum technical efficiency output level for this monopoly is: Q = The OTHER firm below, (the one that is NOT a monopoly), can maximize its profits by selling Q = at P = s This firm in question (5) can earn profits = s if they sell the quantity and charge the price you answered for question (5), and (6) is equal to: Q = Which of These.two firm, is. likely to be a small, neighborhood retail store ? Which of these two firms is likely to be charging Price = Average Cost in the long run ?

Explanation / Answer

1. Firm A is an illegal monopoly.
2.This illegal monoppoly can maximize its profis by selling Q=200 at P=22
3.At price of 22 this firm wll earn profits of 22-3= 19

4.400

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