Suppose Acme and Mega Produce and Sell Identical Product with Zero

question 110

Multiple Choice

Suppose Acme and Mega produce and sell identical product with zero marginal and average cost.Following is the market demand and marginal revenue curves for the product.
Refer to the figure above.The profit-maximizing quantity and price for a monopolist with this demand curve are _____.

• A) 50 units and $2
• B) 100 units and $2
• C) 50 units and $3
• D) 100 units and $1

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The process of growth and increase in the size or strength of muscle tissues, often through exercise and nutrition.