Q:1
why monopolists produce lower quantities at higher prices compared to perfectly competative firms?



Q:2
draw indefference curve for two commodities apples and oranges.


Q:3
(A)

why a marginal revenue and price are equal under perfect competition

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(B)

from information given below
TR=25Q-Q2

calculate marginal revenue and the slop of marginal.

Q:4

If a consumer facing some budget constraint and having many indifference curves then what will be the optimum point where he can maximize his utility?

also draw the diagram.