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Other Fields Homework Help Economics Topic started by: stars_and_moon on Jul 19, 2016



Title: A monopolist will have negative profits if
Post by: stars_and_moon on Jul 19, 2016
A monopolist will have negative profits if
A) the average cost curve is below the demand curve.
B) the average cost curve is above the demand curve.
C) the marginal cost curve is below the demand curve.
D) none of the above; a monopolist will never have negative profits.


Title: Re: A monopolist will have negative profits if
Post by: kingby on Aug 13, 2016
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Title: Re: A monopolist will have negative profits if
Post by: stars_and_moon on Aug 17, 2016
I figured, great answer


Title: Re: A monopolist will have negative profits if
Post by: kingby on Aug 18, 2016
I was slightly debating this one, thanks for the feedback