Re: JNU-Monopoly-2008

Posted by Sris on May 13, 2015; 2:29pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-Monopoly-2008-tp7596922p7596925.html

answer is D...
q=1/p
implies..pq=1    TR=1
implies MR=0...(differenciating )
but MC=3
MR not equal to MC
....so no optimal output exists