A Utility Company Faces Demand Given by Q = 40

question 25

Multiple Choice

A utility company faces demand given by q = 40 - 0.1p, where p is the price per unit.
If the company charges only one price, the output that maximizes revenue is ____.

• A) 20
• B) 17
• C) 12
• D) 10

---

Definitions:

Registered

Marked or recorded officially in a database or system for identification or protection purposes.

Up-to-Date

Up-to-date refers to having the most current information or state, ensuring relevance and efficiency by incorporating the latest changes or developments.

IaaS

A type of cloud computing, Infrastructure as a Service, delivers virtualized computing resources through the internet.

SaaS

Stands for Software as a Service, a model of software distribution in which applications are hosted by a vendor or service provider and made available to customers over a network, typically the internet.