Question: A firm's production is based on only one input (x) and faces a market supply function P = 50 + x, where x is

A firms production is based on only oneinput (x) and faces a market supplyfunction P = 50 + x, where x is thequantity of

A firm's production is based on only one input (x) and faces a market supply function P = 50 + x, where x is the quantity of the inputs used. The marginal revenue product is MRP = 200 - x. Assume that the firm is a monopsonist, then the profit maximizing quantity and price of x is. a. 50 x at a price of 100. O b. 75 x at a price of 150. O c. 50 x at a price of 150. d. 50 x at a price of 125. O e. 75 x at a price of 125.

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