A monopolist faces a demand function given by Q = 50 -P and has a cost function C =3Q²+ 10Q + 100. If the government imposes a lump sum tax of $100, the monopoly will: A)decrease its output. B)cease production. C)increase its price. D)not modify its output.

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The Answer of A monopolist faces a demand function given by Q = 50 -P and has a cost function C =3Q²+ 10Q + 100. If the government imposes a lump sum tax of $100, the monopoly will: A)decrease its output. B)cease production. C)increase its price. D)not modify its output.

A Monopolist Faces a Demand Function Given by Q =