Marginal cost of production


A monopoly is considering selling several units of the homogeneous product as single package. A typical consumer's demand for product is Qd = 100 - 0.5P, and the marginal cost of production is $130. Determine the optimal number of units to put in a package? How much should the firm charge for this package?

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Basic Statistics: Marginal cost of production
Reference No:- TGS0869710

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