Suppose a firm faces the demand function q = 600 – 6P. The firm's total production costs are given by MC(q) = 5q / 6 + q2. Further, suppose that the firm can perfectly price discriminate. The output level that maximizes profit for the firm is ____.

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Economics

1). Suppose a firm faces the demand function q = 600 – 6P. The firm's total production costs are given by MC(q) = 5q / 6 + q2. Further, suppose that the firm can perfectly price discriminate. The output level that maximizes profit for the firm is ____.

(You may use the quadratic formula)

a. 12.64

b. 10.89

c. 9.51

d. 7.63

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