A monopoly is considering selling several units of a homogeneous product as a single package. Analysts at your firm have

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answerhappygod
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A monopoly is considering selling several units of a homogeneous product as a single package. Analysts at your firm have

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A monopoly is considering selling several units of a homogeneousproduct as a single package. Analysts at your firm have determinedthat a typical consumer’s demand for the productis Qd = 60 − .5P, and themarginal cost of production is $100.a. Determine the optimal number of units to put in a package.
units
b. How much should the firm charge for this package?
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