Economics Currently, a monopolist's profit-maximizing output is 200 units per week. It sells its output at a price of $ 50 per unit and collects $ 25 per unit in revenues from the sale of the last...

answer quickly Economics Currently, a monopolist's profit-maximizing output is 200 units per week. It sells its output at a price of $ 50 per unit and collects $ 25 per unit in revenues from the sale of the last unit produced each week. The firm's total costs each week are$9,500. A) What are the firm's weekly economic profits? B) What is the firm's average total cost?

Economics<br>Currently, a monopolist's profit-maximizing output is 200<br>units per week. It sells its output at a price of $ 50 per<br>unit and collects $ 25 per unit in revenues from the sale<br>of the last unit produced each week. The firm's total<br>costs each week are$9,500.<br>A) What are the firm's weekly economic profits?<br>B) What is the firm's average total cost?<br>

Extracted text: Economics Currently, a monopolist's profit-maximizing output is 200 units per week. It sells its output at a price of $ 50 per unit and collects $ 25 per unit in revenues from the sale of the last unit produced each week. The firm's total costs each week are$9,500. A) What are the firm's weekly economic profits? B) What is the firm's average total cost?

Jun 11, 2022

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Economics Currently, a monopolist's profit-maximizing output is 200 units per week. It sells its output at a price of $ 50 per unit and collects $ 25 per unit in revenues from the sale of the last...

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