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

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Chapter13: Antitrust And Regulation
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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?
Α. 10
В. 20
C. 44.75
4
D. 45
Е. 47.5
Transcribed Image Text: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? Α. 10 В. 20 C. 44.75 4 D. 45 Е. 47.5
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