You titrate 100 mL of a .0250 M solution of benzoic acid (HBz) with .100 M NaOH to the equivalence point. Devolop a titration curve for this reaction when 0.00, 6.25, 12.5, 24.5, 25.0, 25.5, and 26 mL of titrant is added

Calculate the diffusion coefficient of N₂ at 100 Pa, 100 kPa an 20 MPa (temperature T = 20 degrees celsius).

On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $22.50 per share. On March 1, a dividend of $1.40 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $17.50 per share. You paid 55 cents per share in commissions for each transaction.

a. What is the proceeds from the short sale (net of commission)?

b. What is the dividend payment?

c. What is the total cost, including commission, if you have to cover the short sale by buying the stock at a price of $17.50 per share?

d. What is the net gain from your transaction?

1. Suppose a monopolist has constant (average and marginal cost of AC = MC = 8) and faces demand such that Q_D = 100 - P.                                                                                                                     

1. Derive MR curve

(hint: you can calculate TR with Demand curve, then you can drive MR from TR)

2. Calculate a monopolist’s profit-maximizing Quantity and Price
3. Calculate the equilibrium Price and Quantity in the perfectly competitive market
4. Draw all curves (Demand, MR, and MC curves)
5. Calculate Monopoly Profit and Dead Weight Loss (DWL).
6. Comparing the profit-maximizing process and welfare b/w two markets (competitive market and monopoly market) explaining main reason drive these differences and implications from it.

Cutting Edge Pharmaceuticals Pty Ltd (a monopoly firm) has the following demand (average revenue) function: AR = 100 – Q

The marginal cost of production is given as constant and equal to $10.

a) What is the equation for the MR function? In showing this equation for the MR function explain the relationship between average revenue and marginal revenue. Determine the profit maximizing level of output of the firm (1 mark)

b) What is the equilibrium monopoly price set by the firm and what will be the monopoly profit earned? (1 mark)

c) Illustrate the market demand and marginal cost, average cost of this firm as well as, profit maximizing price quantity and profit level on a diagram (1 mark)

1. Suppose you have the following data:

Market demand is            P = 250 – 5Q

Total Cost Function is     TC = 100 + 5Q+ 3Q²

a) If this market has only one firm (monopoly), compute the quantity, price and profit of this firm. Compute PS.

b) If this market had many firms (Perfect Competition), compute competitive market output, price, and profit. Compute TS.

c). Illustrate your answers in (a) and (b) on the same graph. Your graph should include the demand curve, the MR curve, and the MC curve, and the equilibrium prices and quantities On this graph, show DWL of a monopoly. Compute the DWL of a monopoly. Explain why a monopoly results in deadweight loss.

The inverse demand function for a medication is p = 10000 - 0.5Q, where p is the market price and Q is quantity demanded

MC = 100 + 0.05Q.

What is the competitive market price and quantity in this market, and producer and consumer surplus and social welfare?         

Suppose production creates an externality. You can assume marginal external costs are simply MEC = 400. Based on this information, what is your estimate for a regulated market outcome where marginal social costs include both marginal production costs and marginal external costs. What is social welfare with this regulated market, where social welfare = PS + CS + EXT, where EXT is the value of externality that exists in regulated market.

Question 1. Suppose you are working as a consultant for a firm that is a monopoly and is worried about its policies in the short run. What would you recommend in terms of quantity changes (raise, cut, shut down or stay put) and price changes (raise, cut, stay put) in each of the following situations a through c:

a. [5 points] P = $299 MC = $349 AVC = $249

b. [5 points] MR = $150 MC = $100 AVC = $140

c. [5 points] P = $288 MC = $288 AVC = $287

[Note: P = price; MR = marginal revenue; AVC = average variable cost; MC = marginal cost]