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Tidy Tidy
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Posts: 4852
9 years ago
If a monopolist's marginal revenue is $15 per unit and its marginal cost is $25, then to maximize profit the firm should decrease output.
True or false?
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 271 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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Top Poster
Posts: 1913
9 years ago
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Tidy Author
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9 years ago
Brilliant
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Yesterday
You make an excellent tutor!
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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