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What is the optimal quantity that the monopolist

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Reference no: EM132168896

1.Suppose that a monopolist faces linear demand given by

Q(p)=100-2*p

The monopolist also pays a marginal cost of $1 for each unit produced.

What is the optimal quantity that the monopolist will charge to maximize its profits?

A.99

B.49

C.100

D.50

2.Suppose that a monopolist faces linear demand given by Q(p)=100-2*p. The monopolist also pays a marginal cost of $1 for each unit produced.

What is the price that the monopolist will set to maximize its profits?

A.24.5

B.51

C.25.5

D.50.5

 

Reference no: EM132168896

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