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Nookie1986 [14]
2 years ago
10

At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, what should the monopol

ist do in order to maximize profits?
Business
1 answer:
Eduardwww [97]2 years ago
6 0

At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, the monopolist should keep the price at  same level  in order to maximize profits.

For increasing the profits the monopolist should increase the marginal revenue to $8 so that the mr =mc.

Every firm follows the rule of profit maximization. In this rule marginal cost is equal to the marginal revenue and the MR intersects the MC curve the profit will be the maximum at this level.

The marginal cost of production and marginal revenue are the economic measures which are used to determine the amount of output and the price per unit of a product that will maximize profits.

To know more about marginal revenue here:

brainly.com/question/13383966

#SPJ4

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Answer:

Inbound Logistics

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A lease agreement that qualifies as a finance lease calls for annual lease payments of $50,000 over a four-year lease term (also
Ostrovityanka [42]

Answer:

year   beginning       interest       payment   total              ending

          balance          payment                       payment       balance

<em>1          150000               0               50000    50000      150000</em>

<em>2        100000            10500           50000    60500      100000</em>

3        50000              7000            50000     57000      50000

4.       0                       3500             50000     53500       0  

b. The balance of the lease liability reported would be $ 150000

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