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Author Question: A non-discriminating monopolist maximizes total revenue when its marginal revenue is ________. (Read 38 times)

burchfield96

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on: Apr 19, 2019

Question 1

For a non-discriminating monopolist to sell one more unit, it must ________.


◦ raise the price of only the last unit produced
◦ lower the price of only the last unit produced
◦ raise the price of the last as well as all previous units produced
◦ lower the price of the last as well as all previous units produced

Question 2

A non-discriminating monopolist maximizes total revenue when its marginal revenue is ________.


◦ positive
◦ zero
◦ negative
◦ equal to price
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by burchfield96 on Apr 19, 2019

emilymalinowski12

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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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burchfield96

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Reply #2 on: Apr 19, 2019
Thanks


emilymalinowski12

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Reply #3 on: Apr 19, 2019
Welcome :)


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