You are the manager of a monopoly that faces a demand curve


You are the manager of a monopoly that faces a demand curve described by P = 85 - 5Q. Your costs are C = 20 + 5Q. The profit-maximizing price is

A) 45

B) 55

C) 60

D) 50

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Business Economics: You are the manager of a monopoly that faces a demand curve
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