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Author Question: Consider a profit-maximizing single-price monopolist that faces a linear demand curve. The firm ... (Read 73 times)

curls713

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on: Oct 12, 2022
Consider a profit-maximizing single-price monopolist that faces a linear demand curve. The firm would not set a price at which demand is inelastic because
◦ the marginal revenue and average revenue would be equal in that range of output.
◦ the marginal revenue would be negative in that range of output.
◦ marginal revenue is zero in that range of output.
◦ average revenue is zero in that range of output.
◦ the average revenue would be negative in that range of output.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by curls713 on Oct 12, 2022

marufp

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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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curls713

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

tuate

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Reply 3 on: Yesterday
:D TYSM

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