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Posts: 142
2 months ago
A monopolist determines the profit-maximizing output

• at the point at which MR = MC.

• at the point at which TR is maximum.

• at any point it wants because it is the only producer of the product.

• at the point at which TR = TC.
Source  Download
Economics Today: The Micro View
Edition: 19th
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2 months ago
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at the point at which MR = MC.
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