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 level of output for the upgrade?
A) 0
B) 80,000
C) 125,000
D) 250,000
Correct Answer:
Verified
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