Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
jhaygood86 jhaygood86
wrote...
Go to Answer
Posts: 545
Rep: 0 0
6 years ago
A price-making business must follow the one-price rule and faces the following demand schedule: at prices of $7, $6, $5, $4, and $3, quantity demanded is 300, 400, 500, 600, and 700 units respectively. If the business's marginal cost is constant at $250, it maximizes profits by producing
A) 700 units and charging a price of $3.
B) 600 units and charging a price of $4.
C) 500 units and charging a price of $5.
D) 400 units and charging a price of $6.
E) 300 units and charging a price of $7.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
Read 305 times
4 Replies
Replies
Answer verified by a subject expert
AryanAryan
wrote...
#1
Top Poster
Posts: 561
Rep: 17 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

wrote...
#2
3 years ago
thank you
wrote...
#3
3 years ago
thank you
wrote...
#4
3 years ago
good
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1286 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 127
  
 339
  
 284
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Which 'study break' activity do you find most distracting?