New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Demand curve of a Monopoly firm is Q=1000-50P and the

    Total cost of production is TC = 50+2Q. Profit maximizing output for the firm is
    A 600 Correct Answer Incorrect Answer
    B 700 Correct Answer Incorrect Answer
    C 450 Correct Answer Incorrect Answer
    D 500 Correct Answer Incorrect Answer

    Solution

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