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Tpy6a [65]
3 years ago
7

Under what condition will a monopoly firm incur losses?

Business
1 answer:
Readme [11.4K]3 years ago
3 0
<span>A monopoly would have to make it so the marginal revenue is less than the marginal cost, and in return, the monopoly would end up losing money instead of gaining money. This means that they are spending more money than they are making.</span>
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If $360 is invested at an interest rate of 4% per year and is compounded quarterly, how much will the investment be worth in 18
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