Economy, asked by minionhehe, 7 months ago

A monopolist sells a product whose marginal cost is Rs. 2 and market demand is given by P = 21 - 3Q. What is the profit maximizing output and price?

Answers

Answered by vamshib438gmailcom

0

Answer:

16

Explanation:

profit=selling price -costprice

profit=21-3-2

profit=16

Previous Question

Next Question

Similar questions

Math, 3 months ago

I PQRS is a cyclic auadrilateral side SR is extended to a point I such that s-R-T then complete the following activity to prove <QRT=<SPQ...

Biology, 3 months ago

What are gymnosperms?List their characteristic features?

English, 3 months ago

homophone of giving sentence use both the word in two different sentences.. See...

History, 7 months ago

Water Consumption All living organisms on Earth need water to survive. Many, including humans, require fresh water, but only 3% of the water on the Earth's surface is fresh water. How is fresh water important to you? How does this affect the way you manage your use of fresh water? Write an essay that explains how you use and conserve fresh water based on how important it is to you. Support...

Math, 7 months ago

Katie is 11 years older than cynthia in five years time, katie will be twice as old as cynthia. Find their present ages...

English, 1 year ago

We are doing another very beautiful thing complex sentence...

Political Science, 1 year ago

Satta ki sajhedari kya hai? Isse kya labh hai?

Hindi, 1 year ago

What is the full name of p.v. sindhu in hindi...