The market demand for MP3 player is p = 50

Question

The market demand for MP3 player is p = 50 - 0.5Q,and the marginal cost for Nick to obtain and sell a MP3 player is $10.If he signed a fixed-fee rental contract with the store owner and pays $1000 as the rent,
A)Nick will sell 20 MP3 players.
B)Nick will sell 40 MP3 players.
C)Nick will sell 50 MP3 players.
D)Nick will not sign the contract.

Quizplus · Accepted Answer

The Answer of The market demand for MP3 player is p = 50 - 0.5Q,and the marginal cost for Nick to obtain and sell a MP3 player is $10.If he signed a fixed-fee rental contract with the store owner and pays $1000 as the rent,
A)Nick will sell 20 MP3 players.
B)Nick will sell 40 MP3 players.
C)Nick will sell 50 MP3 players.
D)Nick will not sign the contract.