A Monopolist Has Total Cost TC = Q² + 10Q

question 26

Multiple Choice

A monopolist has total cost TC = Q² + 10Q + 100 and marginal cost MC = 2Q + 10. It faces demand Q = 130- P (so its marginal revenue is MR = 130 - 2Q) . Its profit-maximizing output

• A)30
• B)25
• C)20
• D)10

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