Calculate the optimal number of units to put in a package


A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer's demand for the product is Qd = 100 - 0.25P, and the marginal cost of production is $140.

a. Calculate the optimal number of units to put in a package?

b. Discuss how much should the firm charge for this package?

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Macroeconomics: Calculate the optimal number of units to put in a package
Reference No:- TGS0871921

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