A monopoly's demand function is Q = 40 - P/13.Its total cost function is $1,200 + 130Q.What price will the firm charge if it uses block pricing?

$9,750

$6,240

$8,650

$5,850

None of the answers listed is correct.

1. The market price in an industry is $200.If the firm's total cost function is TC = 300 + Q2/3, how much profit will the firm earn?

Group of answer choices

$29,700

$42,600

$32,500

None of the answers listed is correct.

1. Suppose two types of consumers buy phones and accessories.Consumers of type A are willing to pay $800 for a phone and $60 for accessories.Consumers of type B are willing to pay $850 for a phone and $40 for accessories.The firm selling the phones and accessories faces no competition and has a marginal cost of zero. How much should the firm charge for a bundle that includes a phone and accessories?

Group of answer choices

$910

$890

$860

$840