Top Posters
Since Sunday
s
3
3
d
3
s
2
c
2
G
2
y
2
t
2
2
k
2
j
2
e
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
jdot jdot
wrote...
Go to Answer
Posts: 147
Rep: 0 0
A year ago
If a single-price monopolist sets price where the price elasticity of demand exactly equals 1, its

▸ total revenue is at its maximum.

▸ marginal revenue is always positive.

▸ total revenue is falling.

▸ total profits are at a maximum.

▸ total revenue is rising, although marginal revenue is falling.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 74 times
1 Reply
Replies
Answer verified by a subject expert
twogat123twogat123
wrote...
#1
Posts: 126
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jdot Author
wrote...

A year ago
Smart ... Thanks!
njn;l
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
mcraver1
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  850 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 2371
  
 231
  
 2053
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 820
Previous poll results: Who's your favorite biologist?