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Q2. In a purely competitive market, 10,000 pocket transistors can be manufactured and sold and...

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Q2. In a purely competitive market, 10,000 pocket transistors can be manufactured and sold and a certain profit is generated. It is estimated that 2,000 pocket transistors need to be manufactured and sold in a monopoly market to earn the same profit. Profit under both the conditions is targeted at 2,00,000. The variable cost per transistor is 100 and the total fixed cost 37,000. You are required to find out the unit selling prices both under monopoly and competitive conditions

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