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Managerial Economics · End Term · 1 Sept 2024 · May 2024 term

Question 8: What are the monopolist’s profit-maximizing price and qua…

Question 8

+1 markOne correct option

What are the monopolist’s profit-maximizing price and quantity?

  1. A

    Profit maximizing price=2.5 and Profit maximizing quantity=4500

  2. B

    Profit maximizing price=8.5 and Profit maximizing quantity=2500

  3. C

    Profit maximizing price=4.5 and Profit maximizing quantity=8500

  4. D

    Profit maximizing price=5.5 and Profit maximizing quantity=2500

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Correct answer

  • B

    Profit maximizing price=8.5 and Profit maximizing quantity=2500

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Question 8 of 36 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 1 Sept 2024, in the May 2024 term (IIT M DEGREE AN EXAM QDB3 01 Sep 2024). It carries 1 mark.

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