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Pavel [41]
3 years ago
6

Suppose marginal cost is constant and equal to 50 and marginal revenue equals 100 - 10Q. A profit-maximizing monopolist will set

quantity equal to:
Business
1 answer:
kotykmax [81]3 years ago
8 0

Answer: 5

Explanation:

From the question, we are informed that the marginal cost is constant and equal to 50 and marginal revenue equals 100 - 10Q.

For a profit-maximizing monopolist, we should note that the marginal revenue will be equated to the marginal cost. Therefore:

100 - 10Q = 50

100 - 50 = 10Q

50 = 10Q

Q = 50/10

Q = 5

Therefore, a profit-maximizing monopolist will set quantity equal to 5.

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Answer:

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8 0
3 years ago
When calculating turnover of property plant & equipment and receivables, which item from the income statement do we use? Ope
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The term used from the income statement to calculate turnover is (b) Sales

<h3>How to determine the term?</h3>

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2 years ago
If you wanted to find out what the average salary is for a certain occupation, what could you do?
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3 years ago
Anita is developing a website for her photography business. On the home page, she wants to include a link to another webpage in
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