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A lumpsum tax on the monopolist or a percentage of the monopoly net revenue is like a fixed cost to a monopolist. It will lead to rise in the total cost. (Shift in average cost curve, marginal cost curve will remain same). As a result, equilibrium point and the equilibrium price-output combination would also remain unaffected by the tax. The profit of the monopolist would now fall, causing a redistribution of incomes. It will be borne by the monopolist and is not shifted to the consumer.
LCM of two numbers is 56 times their HCF, with the sum of their HCF and LCM being 1710. If one of the two numbers is 240, then what is the other number?
The sum and difference of the Least Common Multiple (L.C.M) and Highest Common Factor (H.C.F) of two numbers are 216 and 184, respectively. One of the ...
The sum of two numbers is 143, and their difference is 13. What is the L.C.M of these two numbers?
If 'x' is the highest common factor (HCF) of 288 and 272, what is the product of the digits of 'x'?
LCM and HCF of the two numbers are 225 and 15 respectively. One of the numbers is 45, then find the second number.
The LCM of two numbers is 720. The HCF of these numbers is 12. If one of the numbers is 48, find the other number.
The smallest number which when divided by 27 and 36 leaves remainder 12 and 21 respectively is:
HCF of two numbers 60 and 100 can be expressed in the form of (25m – 80) whereas LCM of these two numbers can be expressed in the form of (40n – 20)...