Question: A monopoly medical device manufacturer sells its sterilization equipment in a market with an inverse demand curve of P = 6,000-4000, where Q measures the number of sterilizers and P is the price per unit. The marginal cost of production is constant at $4,000. The profit-maximizing price is $_ a) 5,000 b) 4,000 c) 7,000 d) 6,000 Show transcribed image textTranscribed image text: A monopoly medical device manufacturer sells its sterilization equipment in a market with an inverse demand curve of P = 6,000-4000, where Q measures the number of sterilizers and P is the price per unit. The marginal cost of production is constant at $4,000. The profit-maximizing price is $_ a) 5,000 b) 4,000 c) 7,000 d) 6,000
