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