A profit-maximizing monopolist has the cost schedule c(y)= 20y.The demand for her product is given by y = 600/p⁴, where p is her price.Suppose that the government tries to get her to increase her output by giving her a subsidy of $15 for every unit that she sells.Giving her the subsidy would make her A)decrease her price by $7.50. B)decrease her price by $15. C)decrease her price by $20. D)decrease her price by $35. E)leave her price unchanged.

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The Answer of A profit-maximizing monopolist has the cost schedule c(y)= 20y.The demand for her product is given by y = 600/p⁴, where p is her price.Suppose that the government tries to get her to increase her output by giving her a subsidy of $15 for every unit that she sells.Giving her the subsidy would make her A)decrease her price by $7.50. B)decrease her price by $15. C)decrease her price by $20. D)decrease her price by $35. E)leave her price unchanged.

A Profit-Maximizing Monopolist Has the Cost Schedule C(y)= 20y