A Monopolist Faces Market Demand Given by P = 75

question 202

Multiple Choice

A monopolist faces market demand given by P = 75 - Q.For this market,MR = 90 - 2Q and MC = Q.What quantity of output will the monopolist produce in order to maximize profits

• A)25.0
• B)30
• C)37.5
• D)49.9

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