Monopoly App

For Economics & Society (SMU) by Kosmas Marinakis, Ph.D.

A single firm faces the whole market demand and chooses its quantity. Set the cost function and demand, then choose the firm's quantity or jump to an equilibrium.

Cost function

Quantity

Fixed cost (FC)

$

AC level (c)

$

AC steepness (d)

Market demand

Intercept (a)

Gradient (b)

Firm

Quantity

Drag the green point on the demand curve, or type a quantity.

Results

Profit
Price
Quantity
Elasticity
Revenue
Total cost
Average cost
Marginal cost
Marginal revenue
Deadweight loss

Notes for these parameters