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a 1. You are the manager of a monopoly that faces a demand P = 90 - 50. Your costs are TC = 20 + 100. How much output wo
Posted: Thu May 19, 2022 10:26 am
by answerhappygod
- A 1 You Are The Manager Of A Monopoly That Faces A Demand P 90 50 Your Costs Are Tc 20 100 How Much Output Wo 1 (22.31 KiB) Viewed 52 times
a 1. You are the manager of a monopoly that faces a demand P = 90 - 50. Your costs are TC = 20 + 100. How much output would you produce if you were maximizing profits? How much would you produce if maximizing revenues? a. Q for maximizing profits = 8; Q for max revenues =9 b. Q for maximizing profits = 8; Q for max revenues =10 c. Q for maximizing profits = 9; Q for max revenues = 8. d. Q for maximizing profits = 8; Q for max revenues = 8 e. None of the above