The market contains 100 consumers, each of whom only desire one unit of the good. half these consumers have a valuation equal to vh. the other half have a valuation equation to vl such that vh > vl. the monopolist in the market has a unit cost of zero for the first 75 units, and c > 0 for all units thereafter. it turns out that vh > c > vl.

1.in a diagram, draw the demand curve.

2.in the same diagram, show the marginal revenue curve. this is tricky in the region where quantity goes from 49 to 51, so it might to experiment by letting vh = 10 and vl = 5 at first.

3.in a diagram, draw the marginal cost curve.

4.ifvh =10,vl =5andc=6whatisthemonopolyprice?

5.provide general conditions on vh, vl and c such that there is no monopoly distortion in this market.

Peninsula products has just applied for a loan at your bank. when reviewing peninsula's books for the year that just ended, you notice that the firm uses the fair value option for its bonds payable. you also see that the firm recorded a $55,000 debit in its bonds payable account and a $55,000 credit in its unrealized holding gain or loss"income account. over that same period, interest rates decreased by about 0.5 percent. how should this information affect the bank's decision as to whether to grant peninsula a loan? a : the bank should strongly consider giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen an increase in its credit rating over the past year. b : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely the result of the rise in interest rates. c : the bank should hesitate before giving a loan to peninsula because the changes in firm's bonds payable and unrealized holding gain or loss"income accounts suggest that peninsula has seen a decline in its credit rating over the past year. d : the bank should put little emphasis on the changes in peninsula's bonds payable and unrealized holding gain or loss"income accounts because these changes are likely unrelated to either interest rates or the firm's credit rating.

Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.

Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline