In a given market the inverse demand function isP = 170 - Qper year. The interest rate is r = 0.05 and the cost structure of a firm is given byC(q) = 80 q.

Another alternative is to license the technology to the other firm (for this, assume that the innovator has obtained a patent for it) but stay in the market. Determine which of the following is true:

Group of answer choices

It would charge a fee of t = 30 per unit sold and obtain 6,175 in per year profits.

It would charge a fee of t = 30 per unit sold and obtain 3,100 in per year profits.

It would charge a fee of t = 15 per unit sold and obtain 3,200 in per year profits.

It would charge a fee of t = 45 per unit sold and obtain 6,175 in per year profits.