× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
tlc_71111 tlc_71111
wrote...
Posts: 507
5 years ago
If a monopolist produces to a point at which marginal revenue is greater than marginal cost then

• the incremental cost of producing the last unit is less than the incremental revenue.

• the incremental cost of producing the last unit exceeds the incremental revenue.

• profits are being maximized.

• profits will always be negative.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 57 times
2 Replies
Do What Makes You Come Alive

Related Topics

Replies
wrote...
5 years ago
the incremental cost of producing the last unit is less than the incremental revenue.
tlc_71111 Author
wrote...
5 years ago
I appreciate what you did here, answered it correctly Smiling Face with Open Mouth
Do What Makes You Come Alive
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1232 People Browsing
 124 Signed Up Today
Related Images
  
 209
  
 3406
  
 281
Your Opinion
Do you believe in global warming?
Votes: 370

Previous poll results: How often do you eat-out per week?