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Author Question: When the addition to a monopolist's total profit is negative from selling another unit, then it follows that (Read 336 times)

aabwk4

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on: Apr 19, 2019

Question 1

A monopolist is currently maximizing profits. In addition, if 
P > 
ATC > 
MC, then the monopolist


◦ just breaks even.
◦ earns positive economic profits.
◦ is covering total variable costs but not total fixed costs.
◦ is covering total fixed costs but not total variable costs.

Question 2

When the addition to a monopolist's total profit is negative from selling another unit, 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 aabwk4 on Apr 19, 2019

shaquita

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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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Freya

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Reply #2 on: Aug 27, 2022
thanks
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