Multiple Choice
The demand equation for a monopolist's product is p = ,where p is the price per unit (in dollars) for q units.If the total cost c (in dollars) of producing q units is given by c = 5q+ 2000,then the level of production at which profit is maximized is
A) 50 units.
B) 100 units.
C) 750 units.
D) 1235 units.
E) 2500 units.
Correct Answer:

Verified
Correct Answer:
Verified
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