A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Q d = 50 - 0.5 P , and the marginal cost of production is...


A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product isQd
 = 50 - 0.5P, and the marginal cost of production is $60.


a. Determine the optimal number of units to put in a package.


___ units


b. How much should the firm charge for this package?



Jun 06, 2022
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