There is a monopoly with a cost function: C= 20Q + 1O. They have a demand function: P = 250 – 4Q. They are able to engage in Two-Part Pricing. What is the per-use price that they charge? Type in only the number: no letters, $, commas or other symbols, but you should include a minus sign or decimal point if there is one. Per-unit price = Enter your answer here

There is a monopoly with a cost function: C= 20Q + 1O. They have a demand function: P = 250 – 4Q. They are able to engage in Two-Part Pricing. What is the per-use price that they charge? Type in only the number: no letters, $, commas or other symbols, but you should include a minus sign or decimal point if there is one. Per-unit price = Enter your answer here

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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