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Author Question: Marginal revenue is less than price for a single-price monopolist because the (Read 56 times)

Darron12

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on: Oct 12, 2022
Marginal revenue is less than price for a single-price monopolist because the
◦ monopolist charges a price higher than the unit production cost.
◦ firm must lower its price for all units if it wants to sell more of the product.
◦ firm's output decisions do not affect the selling price.
◦ monopolist must worry about how its price setting will lead to entry by other firms.
◦ monopolist has achieved economies of scale.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Darron12 on Oct 12, 2022

xinyifff

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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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Darron12

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

rleezy04

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

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