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A company is building a bridge across a river. It costs $$2$ million to build but no cost to maintain. The following is the company's anticipated demand over lifetime of the bridge A. What would be the profit maximization price? B. Is the answer $A$ the $Q$ efficient? C. If no in $B$ , What will be the $Q$ efficient level? D. How much will the economic profit/ losses? E. Should the company build a bridge? F. If No in E why not?

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thank you!

A company is building a bridge across a river. It costs

$2

million to build but no cost to maintain. The following is the company's anticipated demand over lifetime of the bridge A. What would be the profit maximization price? B. Is the answer

A

the

Q

efficient? C. If no in

B

, What will be the

Q

efficient level? D. How much will the economic profit/ losses? E. Should the company build a bridge? F. If No in E why not?

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