Multiple Choice
The equation of a firm's marginal revenue curve is estimated to be P = 50 - Q (quantity) ,and the equation of its marginal cost curve is estimated to be P = 10 + 3Q.The profit-maximizing price for this firm is:
A) $5.
B) $10.
C) $15.
D) $50.
E) $40.
Correct Answer:
Verified
Correct Answer:
Verified
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