A monopolist faces the following demand curve:
The monopolist has total fixed costs of $60 and has a constant marginal cost of $15.What is the profit-maximizing level of production?
A)2 units
B)3 units
C)4 units
D)5 units

Question

A monopolist faces the following demand curve: 
The monopolist has total fixed costs of $60 and has a constant marginal cost of $15.What is the profit-maximizing level of production?
A)2 units 
B)3 units 
C)4 units 
D)5 units

Quizplus · Accepted Answer

The Answer of A monopolist faces the following demand curve: 
The monopolist has total fixed costs of $60 and has a constant marginal cost of $15.What is the profit-maximizing level of production?
A)2 units 
B)3 units 
C)4 units 
D)5 units

A Monopolist Faces the Following Demand Curve