11. A profit-maximizing monopolist who has to charge the same price for each unit produces at a constant marginal cost of $10 and faces demand MWTP(Q) = 50 – 0.25Q . The government imposes a price ceiling of $20 on the monopolist. What is the marginal revenue when the firm produces 10 units? А. 10 В. 20 C. 44.75
11. A profit-maximizing monopolist who has to charge the same price for each unit produces at a constant marginal cost of $10 and faces demand MWTP(Q) = 50 – 0.25Q . The government imposes a price ceiling of $20 on the monopolist. What is the marginal revenue when the firm produces 10 units? А. 10 В. 20 C. 44.75
Chapter13: Antitrust And Regulation
Section: Chapter Questions
Problem 11SQP
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