If a monopolist is producing a quqnity that generates MC=Mr,then profit:
a) is maximized
b) is maximized only if MC=p
c) can be increased by increasing production
d) can be increased by decreasing production
a) is maximized
b) is maximized only if MC=p
c) can be increased by increasing production
d) can be increased by decreasing production
1 answer
0 answers
1 answer
3 answers