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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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.

You Are the Manager of a Monopoly That Faces a Demand