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 QU = 50 - 0.25P, and the marginal cost of production is $120. a. Determine the optimal number of units to put in a package. 40 units b. How much should the firm charge for this package? $
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