by C = 10,000 + 200Q + 10Q2. What is the profit-maximizing

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter23: Profit Maximization
Section: Chapter Questions
Problem 8E
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Greenwheel has a monopoly on biodegradable tires. The inverse market demand is given by P = 1,425 - 5Q. The monopolist's costs are described by C = 10,000 + 200Q + 10Q2. What is the profit-maximizing price?

   

5

   

285

   

300

   

1,180

b

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