Suppose the demand function in the industry is p = 100 - y and each firm has a constant marginal cost of $40. Suppose there is a monopoly firm and a potential entrant. The monopoly output is:
A)50.
B)30.
C)40.
D)60.

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The Answer of Suppose the demand function in the industry is p = 100 - y and each firm has a constant marginal cost of $40. Suppose there is a monopoly firm and a potential entrant. The monopoly output is:
A)50.
B)30.
C)40.
D)60.

Suppose the Demand Function in the Industry Is P =