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Author Question: A single-price monopolist is currently producing an output level where price equals marginal cost, ... (Read 98 times)

nods

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on: Oct 12, 2022
A single-price monopolist is currently producing an output level where price equals marginal cost, and profits are positive. In order to maximize profits, this monopolist should
◦ not change his output level, because he is currently earning profits.
◦ produce zero output.
◦ decrease production and increase price.
◦ reduce price and let production adjust to the new price.
◦ increase production and reduce price.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by nods on Oct 12, 2022

breounasmoot

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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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nods

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

robbielu01

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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