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Home Q & A Board Other Fields Homework Help Business Economics
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tarasen57 tarasen57
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Posts: 536
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5 years ago
If a monopolist is producing the quantity at which marginal revenue exceeds marginal cost, it should

• reduce price and keep output unchanged if it wants to maximize profits.

• increase output if it wants to maximize profits.

• continue to produce this amount if it wants to maximize profits.

• reduce output if it wants to maximize profits.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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joanametjoanamet
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#1
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5 years ago
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tarasen57 Author
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5 years ago
Correct Slight Smile TY
prime7105
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Yesterday
Just got PERFECT on my quiz
Shassta22
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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