Figure: Demand and Marginal Revenue (Figure: Demand and Marginal Revenue) The figure Demand and Marginal Revenue refers to a software upgrade.The producer incurred fixed costs of $10 million to produce the upgrade; the marginal cost of allowing consumers to download the upgrade is zero.What is the efficient price of the upgrade?
A)$0
B)$50
C)$75
D)$100

Question

Figure: Demand and Marginal Revenue   (Figure: Demand and Marginal Revenue) The figure Demand and Marginal Revenue refers to a software upgrade.The producer incurred fixed costs of $10 million to produce the upgrade; the marginal cost of allowing consumers to download the upgrade is zero.What is the efficient price of the upgrade?
A)$0 
B)$50 
C)$75 
D)$100

Quizplus · Accepted Answer

The Answer of Figure: Demand and Marginal Revenue   (Figure: Demand and Marginal Revenue) The figure Demand and Marginal Revenue refers to a software upgrade.The producer incurred fixed costs of $10 million to produce the upgrade; the marginal cost of allowing consumers to download the upgrade is zero.What is the efficient price of the upgrade?
A)$0 
B)$50 
C)$75 
D)$100