The monopolist's profit maximizing level of output is found by equating its marginal revenue with its marginal cost, which is the same profit maximizing condition that a perfectly competitive firm uses to determine its equilibrium level of output. Indeed, the condition that marginal revenue equal marginal cost is used to determine the profit maximizing level of output of every firm, regardless of the market structure in which the firm is operating.
Answer:
C. Many people moved from rural areas to cities in search of work.
Answer:
C. he wanted Austria-Hungary to end its rule over Slavic people like him.
Answer:
true
Explanation:
physical maps show
- landforms and bodies of water
- shapes of regions
- and they do not focus on political divisions, such as borders
