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fattykay92 fattykay92
wrote...
Posts: 467
5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Kutthroat K.Kutthroat K.
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Posts: 405
5 years ago
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fattykay92 Author
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5 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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