Facebook is the biggest seller of advertising space in the social media market (Instagram is also a major seller, but it is owned by Facebook). Assume that Facebook is a monopolist and is illustrated...


help with two questions attached


Facebook is the biggest seller of advertising space in the social<br>media market (Instagram is also a major seller, but it is owned by<br>Facebook). Assume that Facebook is a monopolist and is<br>illustrated by the graph below.<br>Use the below graph for #9 - 16.<br>P ($)<br>18<br>17<br>16<br>15<br>14<br>|1, 14.0<br>13<br>12<br>11<br>10<br>7<br>ATC<br>34, 1.4<br>4<br>|16, 1.8<br>D<br>3<br>31, 1.4<br>17, 1.8<br>2<br>MC<br>1<br>567 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34<br>Q (millions)<br>-1 0 1 2 3<br>-2<br>15, 1.9<br>MR<br>-3<br>What is the quantity of ads that Facebook sells?<br>

Extracted text: Facebook is the biggest seller of advertising space in the social media market (Instagram is also a major seller, but it is owned by Facebook). Assume that Facebook is a monopolist and is illustrated by the graph below. Use the below graph for #9 - 16. P ($) 18 17 16 15 14 |1, 14.0 13 12 11 10 7 ATC 34, 1.4 4 |16, 1.8 D 3 31, 1.4 17, 1.8 2 MC 1 567 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Q (millions) -1 0 1 2 3 -2 15, 1.9 MR -3 What is the quantity of ads that Facebook sells?
If Facebook perfectly price discriminates, what will the consumer<br>surplus be?<br>QUESTION 16<br>If Facebook perfectly price discriminates, what will the deadweight<br>loss be?<br>

Extracted text: If Facebook perfectly price discriminates, what will the consumer surplus be? QUESTION 16 If Facebook perfectly price discriminates, what will the deadweight loss be?

Jun 09, 2022
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