Find price of software at each possible quantity


A software producer has fixed costs of $30,000 per month and her TVC as a function of output Q are given below

Q TVC Price

3000 5000 5
13000 15000 4
23000 28000 3
33000 42000 2
43000 70000 1

if software can obly be produced in the quantities above what should the prod level if the producer operates in a monopolistic competitive market where the price of software at each possible qty is also listed above..why

B what should the prod level if fixed costs rose to $50000 per month explain

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Find price of software at each possible quantity
Reference No:- TGS065030

Expected delivery within 24 Hours