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Author Question: Assuming demand is linear, the shape of a monopolist's total revenue schedule is a (Read 31 times)

ishan

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on: Apr 19, 2019

Question 1

A non-discriminating monopolist's price equals its marginal revenue only when


◦ output is zero.
◦ total revenue is a maximum.
◦ marginal revenue is zero.
◦ the monopolist's demand schedule intersects the horizontal (quantity) axis.

Question 2

Assuming demand is linear, the shape of a monopolist's total revenue schedule is a


◦ straight line passing through the origin.
◦ straight line with negative slope.
◦ curve from the origin with increasing slope.
◦ curve from the origin with decreasing slope.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by ishan on Apr 19, 2019

blakcmamba

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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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ishan

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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