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A monopoly is considering selling several units of a homogeneous product as a single package. Analysts at your firm have determined that a typical consumer's
A monopoly is considering selling several units of a homogeneous product as a single package. Analysts at your firm have determined that a typical consumer's demand for the product is Qd = 100 0.5P, and the marginal cost of production is $130. a. Determine the optimal number of units to put in a package.
35 Numeric Response 1.Edit Unavailable. 35 correct.units
b. How much should the firm charge for this package?
$ 1,225 incorrect.
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