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Home Q & A Board Other Fields Homework Help Business Economics
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Tneary Tneary
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5 years ago
If a monopolist produces to a point at which marginal revenue is more than marginal cost then

• the firm should increase output.

• the firm should reduce output.

• the firm is maximizing profits.

• we do not know if the firm should increase or reduce without more information.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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DoggggDogggg
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#1
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5 years ago
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Tneary Author
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5 years ago
You make an excellent tutor!
elizabetheldrid
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Yesterday
this is exactly what I needed
GeorgeNeist
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2 hours ago
Good timing, thanks!
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