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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



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
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