Explanation

The monopoly graph illustrates the equilibrium price and quantity of a market that only has one supplier.

In this space, an explanation of the desired shift will appear.

Please choose change first.

There is no dead weight loss because there is an efficient outcome.

Both the equilibrium price and quantity will increase. The firm will now make less profit.

Both the equilibrium price and quantity will increase. The firm will now make more profit.

The tax on the producers will serve as another cost for the firm and will therefore increase both the marginal cost of production and the average total cost. The profit will therefore decrease.

The subsidy on the producers will alleviate some of the costs for the firm and will therefore decrease both the marginal cost of production and the average total cost. The profit will therefore increase.

Inputs are a cost for the firm, so increasing the price of these inputs will increase both the marginal cost of production and the average total cost. The profit will therefore decrease.

Inputs are a cost for the firm, so decreasing the price of these inputs will decrease both the marginal cost of production and the average total cost. The profit will therefore increase.

Technology will make production more effective and will replace other inputs, so an improvement in technology will decrease the firm’s marginal costs and average total costs. The profit will therefore increase.

Technology will make production more effective and will replace other inputs, so a decrease in technology will increase the firm’s marginal costs and average total costs.The profit will therefore decrease.