Rabelaisian Restaurants has a monopoly in the town of Upper Glutton.Its production function is Q = 10L, where L is the amount of labor it uses and Q is the number of meals produced.Rabelaisian Restaurants finds that in order to hire L units of labor, it must pay a wage of 10 + .1L per unit of labor.The demand curve for meals at Rabelaisian Restaurants is given by P = 49 - Q/1,000.The profit-maximizing output for Rabelaisian Restaurants is
A)24,000 meals.
B)2,500 meals.
C)3,000 meals.
D)12,000 meals.
E)1,500 meals.

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The Answer of Rabelaisian Restaurants has a monopoly in the town of Upper Glutton.Its production function is Q = 10L, where L is the amount of labor it uses and Q is the number of meals produced.Rabelaisian Restaurants finds that in order to hire L units of labor, it must pay a wage of 10 + .1L per unit of labor.The demand curve for meals at Rabelaisian Restaurants is given by P = 49 - Q/1,000.The profit-maximizing output for Rabelaisian Restaurants is
A)24,000 meals.
B)2,500 meals.
C)3,000 meals.
D)12,000 meals.
E)1,500 meals.

Rabelaisian Restaurants Has a Monopoly in the Town of Upper