Question

If the firm’s marginal cost per customer is $30, and the firm wants to follow the profit-maximizing rule, what would be the firm’s quantity of customers and price charged per customer?.

Answer 1

With the marginal cost per customer, the quantity of customers is 4000 and the price is $60.

What is marginal cost?

It should be noted that marginal cost simply means the extra cost that's incurred as a result of the additional output produced.

In this case, from the complete question, with the marginal cost per customer, the quantity of customers is 4000 and the price is $60.

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