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Paper help Economics “border: 0px currentColor; height: 0px; left: 0px; margin: 0

Economics

“border: 0px currentColor; height: 0px; left: 0px; margin: 0

“border: 0px currentColor; height: 0px; left: 0px; margin: 0px; padding: 0px; position: absolute;… Show more “border: 0px currentColor; height: 0px; left: 0px; margin: 0px; padding: 0px; position: absolute; top: 0px; width: 748px; z-index: 101” id=”MathJax_MSIE_Frame”> “mso-no-proof: yes;”> Based on the above graph, answer the following questions for a monopoly and a perfectly competitive firm. A. For the monopolist: i. Profit maximizing output = ii. ATC = iii. AR = iv. Price = v. Total Revenue = vi. Total Cost = vii. Profit = GE273: Week 8 Monopoly versus Perfect Competition Page 2 B. For the perfectly competitive firm: i. Profit maximizing output = ii. ATC = iii. AR = iv. Price = v. Total Revenue = Formulas and calculations must be shown along with the final correct answer. vi. Total Cost = vii. Profit = C. Discuss the differences you observe in your answers above between the monopoly and perfectly competitive firm. • Show less

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