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what is the monopolist equilibrium price and quantity Dan is the only seller of widgets in town. The market for widgets is characterized by the

what is the monopolist equilibrium price and quantity

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Dan is the only seller of widgets in town. The market for widgets is characterized by the following: Demand: P = 175 - Q Marginal Revenue: MR = 175 - 2Q Marginal Cost: MC = 25 + 3Q What is the Monopolist equilibrium price and quantity? O P = $145; Q = 30 O P = $100; Q = 60 O P= $115; Q = 50 O P = $50 ; Q = 85

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