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(Solved): A monopolistic public enterprise aims at achieving the optimum distribution of productive forces. Th ...



A monopolistic public enterprise aims at achieving the optimum distribution of productive forces. The public enterprise's total cost function is TC = 3Q2 (where TC is the total cost and Q is the quantity) and the function of reverse demand P = 100-4Q (where P is the price). Based on the above the enterprise will produce:

A. Q =4

B. Q=6

C. Q=100

D. Q = 10

Choose one of the above and justify your answer showing your solution process.



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