The demand for a monopolist's output is , where p is its price. It has constant marginal costs equal to $6 per unit. What price will it charge to maximize its profits?

Question

The demand for a monopolist's output is  , where p is its price. It has constant marginal costs equal to $6 per unit. What price will it charge to maximize its profits?

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The Answer of The demand for a monopolist's output is  , where p is its price. It has constant marginal costs equal to $6 per unit. What price will it charge to maximize its profits?

The Demand for a Monopolist's Output Is , Where