Kaitlyn Gardner

B(Q)

C(Q)

N(Q)

MB(Q)

--

--

--

--

200

30

170

200

30

170

300

70

40

60

390

120

230
270

100
90

50

40

450

180

270

60

60

480

255

225

30

45

-15

500

300

200

20

75

-55

1. NB is at its highest peak on the graph

2. NB is at the highest number on the chart
3.MB=MC
4.MB&MC intersect
5.MNB=0
6.MNB crosses the x-ais
7.Furthest vertical distance between TB and TC lines

MC(Q) MNB(Q)
600
500
400

Price

300
200
100

-100

Chart Title
600
500

Price

400
300
200
100
0
-100

Quanity
B(Q)

C(Q)

N(Q)

MB(Q)

MC(Q)

MNB(Q)

Output
0
1
2
3
4
5

Price
20
18
16
14
12
10

TR
0
18
32
42
48
50

MR
-$18
$14
$10
$6
$2

TC
20
21
24
30
40
55

ATC
-$21.0
$12.0
$10.0
$10.0
$11.0

MC
-$1
$3
$6
$10
$15

Monopoly Profit
-20
-3
8
12
8
-5

2nd Graph Monopoly

25

Y-Axis

20
15
10
5
0
0

X-Axis
Price

MR

ATC

MC

1st Graph Monopoly

60
50

Y-Axis

40
30
20
10
0
-10

X-Axis
Price

TR

MR

TC

ATC

MC

Monopoly Profit

4 Steps to determine an Optimal Point:

1.
2.
3.
4.
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