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A Firm Has Discovered a New Kind of Nonfattening, Non-Habit-Forming

question 75

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A firm has discovered a new kind of nonfattening, non-habit-forming dessert called zwiffle.It doesn't taste very good, but some people like it and it can be produced from old newspapers at zero marginal cost.Before any zwiffle could be produced, the firm would have to spend a fixed cost of $F.Demand for zwiffle is given by the equation q = 20 - p.The firm has a patent on zwiffle, so it can have a monopoly in this market.


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