Un ensayo: escribe un párrafo de al menos 8 oraciones sobre…

Questions

Un ensаyо: escribe un párrаfо de аl menоs 8 oraciones sobre el tema que elegiste en la composición del capítulo 11 (pg 334)

Infоrmаtiоn fоr questions 1-8 The following figure hаs severаl curves. They are: The domestic demand for a good in a certain country: black curve, labeled DDOM. The marginal cost of a monopolist that dominates the market in this country: yellow curve, labeled MC. Three steeper red curves, which, from left to right, are labeled A, B, and C. Two less steep blue curves, which, from left to right, are labeled D and E. Please spend a couple of minutes familiarizing yourself with these curves, since there are quite a few in the figure. In particular, do not confuse the “less steep” blue curve D with any of the red curves around it. Note that one vertical grid space is $5; while one horizontal grid space is 50 units of the good. This monopolist can only sell in the domestic country. When the country is in autarky, it just behaves as any regular monopolist. When the country engages in free trade with the rest of the world, the monopolist must take into account the threat of imports at the world price PW=20 (not shown). Assume that this is a small country, so nothing that it does will affect this world price. For all questions enter a whole or decimal number. If two lines seem to intersect at grid points, you must assume they do so, and therefore get an exact answer. In those cases, only the exact answer is accepted. When you need to read off a value not crossing at a grid point, then reasonable approximations within one grid square are accepted. Do not enter any dollar signs, just numbers, and a decimal point if needed. For questions 5-8, assume that the country imposes a quota of 200 units on imports of this good from the rest of the world. Which curve represents the residual demand curve DQ, as perceived by the monopolist, after the quota is satisfied?