Multiple Choice
Say a monopolist sells in two separate markets, with demand PA = 100 - 2Q and PB = 50 - Q respectively. Marginal costs in both markets are constant and equal to 8. The profit maximizing quantity of output in market A would be
A) 46.
B) 23.
C) 21.
D) 5.
Correct Answer:
Verified
Correct Answer:
Verified
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