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    1. Economics
    2. Microeconomics
    3. Demand & Supply
    4. 196866

    profit maximizing quantity and price

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    Problem:

    A monopolist has demand and cost curves given by:
    QD = 10,000 - 20P
    TC = 1,000 + 10Q +.05Q2

    Find the monopolist's profit maximizing quantity and price?

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    https://brainmass.com/economics/demand-supply/profit-maximizing-quantity-and-price-196866

    Solution Summary

    The profit maximizing quantity and price are determined.

    $2.19

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