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Q. A software producer has fixed costs of $30,000 per month also her TVC as a function of output Q are given below

Q TVC Price

3000 5000 5
13000 15000 4
23000 28000 3
33000 42000 2
43000 70000 1

if software can only be produced in the quantities above Illustrate what should the prod level if the producer operates in a monopolistic competitive market where the price of software at each possible qty is also listed above..why

Illustrate what should the prod level if fixed costs rose to $50000 per month Explicate

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9164283

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