Business, 26.08.2021 19:10 jonesm35

Barbara is a producer in a monopoly industry. Her demand curve, total revenue curve, marginal revenue curve and total cost curve are given as follows: Q = 160 - 4P
TR = 40Q - 0.25 img
MR = 40 - 0.5Q
TC = 4Q
MC = 4

How much output will Barbara produce?

a. 0
b. 22
c. 56
d. 72
e. none of the above

Answers: 2

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