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Title: A single-price monopoly is producing at an output level where marginal revenue is $15, marginal cost Post by: Loraine on Jun 21, 2015 A single-price monopoly is producing at an output level where marginal revenue is $15, marginal cost is $13, and price is $20. This monopoly is
A) not maximizing its profit and should decrease output to increase its profit. B) not maximizing its profit and should increase output to increase its profit. C) maximizing its profit but should shut down. D) maximizing its profit and should not shut down. E) maximizing its profit but still should decrease output to earn even more profit. Title: Re: A single-price monopoly is producing at an output level where marginal revenue is $15, marginal Post by: Smoooth on Jul 26, 2015 Content hidden
Title: Re: A single-price monopoly is producing at an output level where marginal revenue is $15, marginal cost Post by: Smoooth on Aug 31, 2015 My pleasure :-]
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