You will need to click on the pdf document below to view the…

You will need to click on the pdf document below to view the Chapter 13, 14 Test; there are 22 questions for this version of the test. Write the problems down on your own paper showing appropriate work. Submit Canvas Quiz and attach your work to an email to send to me for grading.  Thank you for being mature and understanding!  Chapter 13 and 14 RE-TEST.pdf

Please make sure you have completed the following items befo…

Please make sure you have completed the following items before starting the exam. Have read the Exam Advise Announcement.Reviewed the Exam Do’s and Don’ts. Do not have a cell phone in close proximity or any other electronics that could be considered cheating. Cleared desk/table, are in a well lit room, and you have recorded your environment properly. Points will be deducted if instructions are not followed correctly. Academic dishonesty will be penalized with an F in the exam and will be reported to the college. Any student caught cheating a second time will receive an F for the course and be reported to the college.To prepare for this exam, make sure you have reviewed all 3 attempts for Ch. 10, 11, and 12 Quizzes. Understanding those questions will help you succeed in this exam.

Table 16-2 Suppose a monopolist faces the following demand c…

Table 16-2 Suppose a monopolist faces the following demand curve:​ Price(Dollars per unit) Quantity(Units) 8 300 7 400 6 500 5 600 4 700 3 800 2 900 1 1,000 Refer to Table 16-2. The monopolist has fixed costs of $1,000 and has a constant marginal cost of $2 per unit. If the monopolist were able to perfectly price discriminate, how many units would it sell?

Table 6-1The following table contains the demand schedule an…

Table 6-1The following table contains the demand schedule and supply schedule for a market for a particular good. Suppose sellers of the good successfully lobby Congress to impose a price floor $2 above the equilibrium price in this market. ​ Price (Dollars per unit) Quantity Demanded (Units) Quantity Supplied (Units) 0 15 0 1 13 3 2 11 6 3 9 9 4 7 12 5 5 15 6 3 18 ​ Refer to Table 6-1. Following the imposition of a price floor $2 above the equilibrium price, irate buyers convince Congress to repeal the price floor and to impose a price ceiling $1 below the former price floor. The resulting market price is