Suppose That a Firm Faces a Demand Curve for Its $P = 10 - Q ^ { d }$

question 58

Multiple Choice

Suppose that a firm faces a demand curve for its product of $P = 10 - Q ^ { d }$ . The corresponding marginal revenue curve is $M R = 10 - 2 Q$ . The firm has a constant marginal cost of $4 per unit. If the firm engages in uniform pricing, what price will the firm charge?

• A) $7.
• B) $5.
• C) $4.
• D) $3.

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