Suppose the demand function in the industry is p = 100 - y and each firm has a constant marginal cost of $40. Suppose there is a monopoly firm and a potential entrant with a fixed cost of $100. The limit output is:
A)40.
B)35.
C)30.
D)25.

Question

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The Answer of Suppose the demand function in the industry is p = 100 - y and each firm has a constant marginal cost of $40. Suppose there is a monopoly firm and a potential entrant with a fixed cost of $100. The limit output is:
A)40.
B)35.
C)30.
D)25.

Suppose the Demand Function in the Industry Is P =