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A monopoly is considering selling several units of a homogeneous product as a single packge. A typical consumer's demand for the product is Qd= 110-0.5P, and the marginal cost of product is 140.

A. Determine the optimal number of units ot put in a package. units?

B. How much should the firm charge for this package?

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M9474261

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