Explain in detail how the monopoly ferry operator will determine the quantity of ferry service that she will provide to the 500 residents of Onus. Also explain how that monopoly quantity will compare to the total quantity of ferry service available to the 500 residents of the perfectly competitive market of Yuri by ALL the Yuri ferry providers. (2 points)

The answer is below

Step-by-step explanation:

We need the images corresponding to the question, I have researched and found them, I will leave them attached in the question:

Now, in the case under monopoly, the profit maximization amount will be 51.

The monopolist is a price maker. Therefore, he will determine the amount of production that will maximize revenue. Furthermore, the monopolist is the one who faces a downward sloping demand curve because he can sell more if the price falls.

Now, the profit-maximizing price and output is where the marginal revenue equals the marginal cost, then it is extended to the market demand curve to determine what market price corresponds to that quantity.

Under perfect competition, the profit maximization amount is 75. In the long run, a competitive firm is in equilibrium when MR = MC = AC. It will produce that output where LMC = LAC.

answer

a,b, and d

explanation

a reflection angle is more than

but less than;

an angle that measures

is a reflex angle.(true)

an angle that measures less than

is acute.(true)

provided we are considering angles greater or equal to zero.

an acute angle lies in the range.

an obtuse angle is less than 180° but more than 90°

an angle that measures 300° is obtuse (false)

an angle that measures 65° is an acute angle.(true)

step-by-step explanation: