-Suppose a Monopolist Has TC = 40 + 10Q

question 56

Multiple Choice

-Suppose a monopolist has TC = 40 + 10Q + Q²,and the demand curve it faces is p = 130 - 2Q.What is the profit-maximizing price and output?

• A) P = 50; Q = 20
• B) P = 110; Q = 40
• C) P = 90; Q = 40
• D) P = 90; Q = 20

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