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[See Solution] A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer's demand for the product

Question: A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer's demand for the product is \(Q^{d}=50-\) .25 P , and the marginal cost of production is $120.

  1. Determine the optimal number of units to put in a package.
  2. How much should the firm charge for this package?

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


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