The demand equation for a monopolist's product is p = ,where p is the price per unit (in dollars)for q units.If the total cost c (in dollars)of producing q units is given by c = 5q+ 2000,then the level of production at which profit is maximized is
A) 50 units.
B) 100 units.
C) 750 units.
D) 1235 units.
E) 2500 units.

Question

The demand equation for a monopolist's product is p =  ,where p is the price per unit (in dollars)for q units.If the total cost c (in dollars)of producing q units is given by c = 5q+ 2000,then the level of production at which profit is maximized is
A) 50 units. 
B) 100 units. 
C) 750 units. 
D) 1235 units. 
E) 2500 units.

Quizplus · Accepted Answer

The Answer of The demand equation for a monopolist's product is p =  ,where p is the price per unit (in dollars)for q units.If the total cost c (in dollars)of producing q units is given by c = 5q+ 2000,then the level of production at which profit is maximized is
A) 50 units. 
B) 100 units. 
C) 750 units. 
D) 1235 units. 
E) 2500 units.

The Demand Equation for a Monopolist's Product Is P =