Question
Suppose there are 10 consumers, each willing to buy one unit of a good, with values ( $20, $19, $18, $ 17, $16, $15, $14,
Suppose there are 10 consumers, each willing to buy one unit of a good, with values ( $20, $19, $18, $ 17, $16, $15, $14, $13, $12, $11). If the marginal cost of producing each unit of the good is $9, what is the optimal quantity to sell?
A.7
B.8
C.5
D.6
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
