Top Posters
Since Sunday
s
3
v
3
p
3
m
2
s
2
d
2
N
2
d
2
e
2
s
2
s
2
e
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Dymondmonae Dymondmonae
wrote...
Go to Answer
Posts: 489
Rep: 9 0
5 years ago
Table 15-1

Price per Unit
​		Quantity Demanded
(units)		Total Cost of Production
(dollars)
$8510$530
 8011  540
 7512  550
 7013  560
 6514  575
 6015  595
 5516  625
A monopoly producer of foreign language translation software faces a demand and cost structure as given in Table 15-1.


Refer to Table 15-1. What is the firm's profit-maximizing output and what is the price charged to sell this output?

• P = $85; Q = 10

• P = $80; Q = 11

• P = $70; Q = 13

• P = $65; Q = 14
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 55 times
1 Reply
Replies
Answer verified by a subject expert
Nikki_LYNNNikki_LYNN
wrote...
#1
Posts: 390
Rep: 52 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

Dymondmonae Author
wrote...

5 years ago
Thanks
annielin111
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
MAry1395
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  978 People Browsing
 113 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 302
  
 227
  
 265
Your Opinion
Do you believe in global warming?
Votes: 488
Previous poll results: What's your favorite math subject?