Discussion forum
›
General
›
General Discussions
Search
everywhere
only in this topic
Advanced Search
monopoly
Classic
List
Threaded
♦
♦
Locked
2 messages
ahlashi
Reply
|
Threaded
Open this post in threaded view
♦
♦
|
monopoly
monopolist faces a demand curve Q=1/P
MC=3
Then his optiml output choice will be ?
will it be 0??
Eco16
Reply
|
Threaded
Open this post in threaded view
♦
♦
|
Re: monopoly
i think you are right optimal choice should be zero since MR<MC so no production.
Free forum by Nabble
Edit this page