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Question 31 1 pts Nivia is small company that has the exclusive right to produce Nu-Cream, a rejuvenating face cream. Demand for Nu-Cream is described

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Question 31 1 pts Nivia is small company that has the exclusive right to produce Nu-Cream, a rejuvenating face cream. Demand for Nu-Cream is described by the function Q = 4000 - 2P , where Q is the number of jars and the price is in dollars per jar. The marginal cost of producing each jar of Nu-cream is $200. If Nivia is a single-price monopolist, what price should it set for each jar of Nu-cream? O $900 O $2000 O $1100 O $200 O $500 O $400

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