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A Firm Faces the Demand for Its Product P=100−0.5QP = 100 - 0.5 Q

Question 42

Multiple Choice

A firm faces the demand for its product, P=100−0.5QP = 100 - 0.5 Q ,as shown in the figure below.It produces under conditions of constant costs in the long run,and LMC = LAC = $12 per unit. A firm faces the demand for its product, P = 100 - 0.5 Q ,as shown in the figure below.It produces under conditions of constant costs in the long run,and LMC = LAC = $12 per unit. If the firm can practice first-degree price discrimination,it can make a maximum profit of A) $1,872. B) $1,936. C) $7,744. D) $9,856. If the firm can practice first-degree price discrimination,it can make a maximum profit of


A) $1,872.
B) $1,936.
C) $7,744.
D) $9,856.

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