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Assume that KONE spent 10 million DM in developing the Monospacetechnology, and that current marginal cost per unit of MonoSpace is DM 65,200. Plot the
Assume that KONE spent 10 million DM in developing the Monospacetechnology, and that current marginal cost per unit of MonoSpace is DM 65,200. Plot the profits for KONE as a function of prices, and determine theoptimal price. Compute the optimal price assuming the cost of developing theMonospace technology was a) 30 M and b) 80 M
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