arie1546 arie1546
  • 04-05-2021
  • Mathematics
contestada

if the marginal revenue is higher than marginal cost the monopoly can increase profit by

Respuesta :

Itzcandygirl
Itzcandygirl Itzcandygirl
  • 04-05-2021

Answer:

If the marginal revenue exceeds the marginal cost, then the firm can increase profit by producing one more unit of output. For example, at an output of 4 in Figure 3, marginal revenue is 600 and marginal cost is 250, so producing this unit will clearly add to overall profits.

Answer Link

Otras preguntas

how can you tell which slope is steeper when they are in the form of fractions
What did Stalin want for the future of Germany? (A) He wanted Germany to remain under the control of the Allies. (B) He wanted a stronger and united Germany. (C
What is the missing exponent? (12^-5)^2 / 12^-4 = 12^_____
Round 8.61 to the nearest tenth.
what is g divided by 2.1=-6.8?
Tale of Two Cities. Which describes the conflict Mr. Lorry faces when Dr. Manette is released from prison in the bastille  A.Mr. Lorry must tell Lucie Manette t
In general terms, it can be said that Islamic society was more violent than its contemporaries. was usually extremely intolerant toward Christians and Jews. rel
What part of the Greek model of the atom has been set aside by current scientific knowledge
Write a number with three decimal places greater than 0.79 and less than 0.8 Its for my little brother Thanks in advance
Germany surrendered in May 1945 __________. a. before the Western Allies crossed the French-German border b. after German officers assassinated Hitler c. before