A monopoly is considering selling several units of a homogeneous product as a single package. Analysts at your firm have
Posted: Wed Jul 06, 2022 6:23 pm
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?
units
b. How much should the firm charge for this package?