Figure 6.4Japanese Market for Jetliners

question 106

Multiple Choice

Figure 6.4Japanese Market for Jetliners

-Consider the Japanese market for jetliners as depicted in Figure 6.4.Suppose lone producer of jetliners in the world is Boeing and Boeing faces a constant marginal cost of $20 million per jetliner.What price will Boeing charge for jetliners in the Japanese market and how many will they sell?

• A) $20 million,23
• B) $20 million,46
• C) $30 million,46
• D) $30 million,23

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