Consumer demand for the product


A monopoly is considering selling several units of the homogeneous product as a single package. A typical consumer's demand for the product is Qd = 100 - 0.5P, and the marginal cost of production is $130.

How much should the firm charge for the package? optimal number fo units per package is 35

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Basic Statistics: Consumer demand for the product
Reference No:- TGS0869730

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