Re: monopoly doubt

Posted by vandita24x7 on Apr 10, 2014; 7:32am
URL: http://discussion-forum.276.s1.nabble.com/monopoly-doubt-tp7586454p7586517.html

anjali, since the nature of monopoly is not mentioned, why worry about it? just solve it nomal MR = MC way.

 Also the differnce between monopoly and Perfect competition is that in monopoly CS is never maximised. U think, as a monopolist would u be thinking of the welfare of the consumer?? only in PC CS is maximum

On Thu, Apr 10, 2014 at 12:36 PM, Anjali [via Discussion forum] <[hidden email]> wrote:

@vandita , so you mean that in this question , we will take the case of 1st degree price discrimination ? Actually I was getting confused , because the nature of monopoly is not mentioned.

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