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Author Question: If a single-price monopolist's price equals marginal cost, the firm (Read 77 times)

najmarocks25

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on: Oct 12, 2022
If a single-price monopolist's price equals marginal cost, the firm
◦ should maintain its current price because it is a price taker.
◦ is producing where MR = MC and thus is maximizing profits.
◦ should definitely shut down.
◦ could increase its profits by lowering output and raising price.
◦ will find it more profitable to produce a greater output.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by najmarocks25 on Oct 12, 2022

labrinker

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Reply #1 on: Oct 12, 2022
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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najmarocks25

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Reply 2 on: Oct 12, 2022
Excellent

EAN94

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Reply 3 on: Yesterday
Wow, this really help

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