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Loraine Loraine
wrote...
Posts: 4563
9 years ago
If Microsoft is a monopoly and currently charges prices where its demand is elastic, then Microsoft's marginal revenue is
A) negative.
B) positive.
C) zero.
D) minimized.
E) undefined.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 205 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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Posts: 5500
9 years ago
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8 years ago
My pleasure Happy Dummy
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