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motikmotik
3 years ago
5

A monopolist maximizes profits by:

Business
1 answer:
klemol [59]3 years ago
6 0

Answer:

c) by setting MR(q)=MC(q) at a q for which p(q) is at least AVC(q)

Explanation:

Profit is maximised at MR= MC and price is greater than MC for monopoly.

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