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Author Question: For a monopolist to sell more units of output (Read 40 times)

mckennatimberlake

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on: Apr 19, 2019

Question 1

XYZ Computer Company has a monopoly on the sale of a specialized color printer. If it sells two of these printers its total revenue is $1,000, and if it sells three color printers its total revenue is $1,400. The marginal revenue of the third color printer sold is


◦ $200.
◦ $300.
◦ $400.
◦ $1,300.

Question 2

For a monopolist to sell more units of output


◦ the price must be increased.
◦ the price must be reduced.
◦ demand must become more elastic.
◦ the other competing firms must sell fewer units.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mckennatimberlake on Apr 19, 2019

ynlevi

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mckennatimberlake

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

sailorcrescent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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