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 revenue maximizing output is
A. .85.
B. 9.
C. 10.
D. none of the statements associated with this question are correct.
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without would be the suggested price per pillthe rampd and development costs for the new drug were 12b variable costs
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the supply curvea- comes from a profit maximizing the consumerb- comes from a utility maximizing firmc- comes from the
you are the manager of a monopoly that faces a demand curve described by p 85 - 5q your costs are c 20 5q the
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