If an unregulated electric company is a monopolist,faces demand of Q = 100 - 50P,and has a constant marginal cost of 1,the profit-maximizing price is
A) 0
B) 1
C) 1.5
D) 2
Correct Answer:
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Q20: If demand is inelastic,marginal revenue will be
A)positive.
B)zero.
C)negative.
D)constant.
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Q29: If an unregulated electric company is
Q30: If an unregulated electric company is a
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