Question:
A monopolist’s Principle is—
Is a price taker | |
Equalize Average revenue(AR) to Marginal revenue(MR) | |
Minimize Average revenue(AR) | |
When price > Marginal cost(MC) | |
Equalize Average revenue(AR) to Marginal revenue(MR) |
Answer:
Equalize Average revenue(AR) to Marginal revenue(MR)
Last Updated:
08/11/2021 - 09:25