If an uncegulated (because it produces electricity from bydroeiectric power) electric company is a monopolist and faces demand of Q = 100 – 40P. TC 10 MR 2.5-Q/20 The profit maximizing price is b. 2 C. 50 d. 1.25 e. 0

If an uncegulated (because it produces electricity from bydroeiectric power) electric company is a monopolist and faces demand of Q = 100 – 40P. TC 10 MR 2.5-Q/20 The profit maximizing price is b. 2 C. 50 d. 1.25 e. 0

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

27. If an unregulated (because it produces electricity from bydroeiectric power) electric company is a monopolist
and faces demand of Q = 100 – 40P.
TC 10
MR=2.5 - Q/20
The profit maximizing price is
b. 2
C. 50
d. 1.25
e. 0
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