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Figure: Demand and Marginal Revenue (Figure: Demand and Marginal

Question 203

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Figure: Demand and Marginal Revenue Figure: Demand and Marginal Revenue     (Figure: Demand and Marginal Revenue)  The figure Demand and Marginal Revenue refers to a software upgrade.The producer incurred fixed costs of $10 million to produce the upgrade; the marginal cost of allowing consumers to download the upgrade is zero.In order to maximize profit, the producer will set a price of ________ and produce upgrades. A) $100; 125,000 B) $100; 250,000 C) $50; 125,000 D) $0; 250,000 Figure: Demand and Marginal Revenue     (Figure: Demand and Marginal Revenue)  The figure Demand and Marginal Revenue refers to a software upgrade.The producer incurred fixed costs of $10 million to produce the upgrade; the marginal cost of allowing consumers to download the upgrade is zero.In order to maximize profit, the producer will set a price of ________ and produce upgrades. A) $100; 125,000 B) $100; 250,000 C) $50; 125,000 D) $0; 250,000 (Figure: Demand and Marginal Revenue) The figure Demand and Marginal Revenue refers to a software upgrade.The producer incurred fixed costs of $10 million to produce the upgrade; the marginal cost of allowing consumers to download the upgrade is zero.In order to maximize profit, the producer will set a price of ________ and produce upgrades.


A) $100; 125,000
B) $100; 250,000
C) $50; 125,000
D) $0; 250,000

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