brittwalden136 brittwalden136
  • 01-04-2018
  • Business
contestada

Suppose that the profit maximizing level of output for the monopolist is 100​ units, and atc​ = $45.00; mc​ = $35.00; mr​ = $35.00; p​ = $45.00. what is the​ monopoly's profit?
a. minus−​$1000
b. ​$4500
c. ​$0
d. ​$3500

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maddie2342
maddie2342 maddie2342
  • 02-04-2018
I would go with d because wouldn’t you times 35.00$ by 100
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