Title: If a monopolist's marginal revenue is $35 per unit and its marginal cost is $25, then Post by: Tidy on Jun 21, 2015 If a monopolist's marginal revenue is $35 per unit and its marginal cost is $25, then
A) to maximize profit the firm should increase output. B) to maximize profit the firm should decrease output. C) to maximize profit the firm should continue to produce the output it is producing. D) Not enough information is given to say what the firm should do to maximize profit. Title: Re: If a monopolist's marginal revenue is $35 per unit and its marginal cost is $25, then Post by: VincenzoD on Jul 23, 2015 Content hidden
|