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single-price monopolist in the eye-glass frame market. It faces a Market demand given by Q=261-5P. Its Total Cost functi

Posted: Sat Mar 19, 2022 5:51 pm
by answerhappygod
single-price monopolist in the eye-glass frame market. It faces
a Market demand given by Q=261-5P. Its Total Cost function is
TC=245+Q^2 and Marginal Cost is MC=Q. What is the revenue
maximizing price? Enter a number only, drop the $sign.