Total Quantity 2 Revenue $150 $210 $260 $300 $330 Total Cost $100 $150 $195 $235 $280 3 4 5 6
A profit-maximizing single-price monopolist will set the price at
a. $90 per unit.
b. $75 per unit.
c. $65 per unit.
d. $60 per unit.
e. There is not enough information provided to answer this question.

David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e.g., a subscript can be created with the _ character.)