jasmine6016
jasmine6016 jasmine6016
  • 02-12-2020
  • History
contestada

WILL MARK BRAINLEST

How do firms with monopoly set output ?

Respuesta :

salad8217
salad8217 salad8217
  • 02-12-2020

Answer:

Explanation:

Graphically, one can find a monopoly's price, output, and profit by examining the demand, marginal cost, and marginal revenue curves. Again, the firm will always set output at a level at which marginal cost equals marginal revenue, so the quantity is found where these two curves intersect.

Answer Link

Otras preguntas

What is the GCF of 18 and 30? A) 2 B) 3 C) 4 D) 6
Find the indicated value of each function.
Roger earns 3% commission on sales of $9,500 as an electrical supplies wholesaler. What is his commission?
For which purpose would a thematic map be most appropriate?
In 1-6 below, a directional term (e.g., distal in 1) is followed by terms indicating different body structures or locations (e.g., the elbow/the shoulder). In e
A call for reform in reaction to the Industrial Revolution developed by the time of a. Queen Victoria. b. Cornwallis. c. William and Mary. d. Henry VIII. e. Que
Who’s Sultan Suleiman??
xy= 20 can be read as - the product of two numbers is twenty -the sum of two numbers is twenty -the quotient of two numbers is twenty - the difference of two n
How do you do this like I need help?!
bye math makes me cry