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Author Question: When a monopolist's marginal profit is negative, then it follows that (Read 62 times)

Deast7027

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on: Apr 19, 2019

Question 1

If a monopolist is producing an output at a point where 
ATC > 
P > 
MC, then it is


◦ breaking even.
◦ earning positive economic profits.
◦ earning negative economic profits.
◦ covering total costs but not total variable costs.

Question 2

When a monopolist's marginal profit is negative, then it follows that


◦ MR > 
ATC.
◦ MR = 
MC.
◦ MR > 
MC.
◦ MR < 
MC.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Deast7027 on Apr 19, 2019

princessflame2016

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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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Deast7027

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

amandalm

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Reply 3 on: Yesterday
Excellent

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