Solved

If an Unregulated Electric Company Is a Monopolist and Faces 5110Q5 - \frac { 1 } { 10 } Q

Question 13

Multiple Choice

If an unregulated electric company is a monopolist and faces demand of Q = 50 - 10P,its marginal revenue function is given by


A) 5110Q5 - \frac { 1 } { 10 } Q
B) 1110Q1 - \frac { 1 } { 10 } Q
C) 5120Q5 - \frac { 1 } { 20 } Q
D) 515Q5 - \frac { 1 } { 5 } Q

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions