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Author Question: If a monopolist's marginal revenue is $25 a unit and its marginal cost is $25, then (Read 715 times)

cagreen833

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on: Oct 8, 2019

If a monopolist's marginal revenue is $25 a unit and its marginal cost is $25, then


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to maximize profit the firm should decrease output.


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to maximize profit the firm should continue to produce the output it is producing.


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to maximize profit the firm should increase output.


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Not enough information is given to say what the firm should do to maximize profit.

InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Marked as best answer by cagreen833 on Oct 8, 2019

Ksanderson1296

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Reply #1 on: Oct 8, 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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cagreen833

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Reply 2 on: Oct 8, 2019
Thanks for the timely response, appreciate it

bbburns21

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Reply 3 on: Yesterday
Wow, this really help

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