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This assignment focuses on The Price of Cookies. There is also a description of profit-maximizing quantity of dozens.Calculate the level of profit earned at that level of production.

## The Price of Cookies : profit-maximizing quantity of dozens

Refer back to the cost calculations from your Module 4 assignment (the original calculations with the \$30 fixed costs). Your cookies are sold in a perfectly competitive market with a market price of \$5 per dozen.

Calculate the sprofit-maximizing quantity of dozens of cookie for your cookies.
Calculate the level of profit earned at that level of production.
Now repeat the previous steps but with the \$15 fixed costs calculations.

#### The Price of Cookies : profit-maximizing quantity of dozens

Compare the results.

Now assume you have a monopoly with your cookies with the following demand curve: \$10 per dozen for one dozen, \$9 per dozen for two dozen, \$8 per dozen for three dozen, \$7 per dozen for four dozen, \$6 per dozen for five dozen, \$5 per dozen for six dozen, \$4 per dozen for seven dozen, \$3 per dozen for eight dozen, \$2 per dozen for nine dozen, and \$1 per dozen for ten dozen. Start with the costs calculated with the \$30 fixed costs.

#### The Price of Cookies : profit-maximizing quantity of dozens

Calculate the profit-maximizing quantity of dozens of cookies for your cookies.
Calculate the level of profit earned at that level of production.
Now repeat the previous steps but with the \$15 fixed costs calculations.
Compare the monopoly results.
Bring all your results together.

Compare the perfect competition and monopoly results.
Your paper should be 3-4 pages in length and conform to the APA format. Include at least three scholarly references in addition to the course textbook.

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