Ask Question
16 April, 14:45

Many people believe that pure monopolies charge any price they want to without affecting sales. instead, the output level for a profit-maximizing pure monopoly occurs where

+4
Answers (1)
  1. 16 April, 18:33
    0
    Given that m any people believe that pure monopolies charge any price they want to without affecting sales. instead, the output level for a profit-maximizing pure monopoly occurs where MC = MR (marginal cost equals marginal revenue).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Many people believe that pure monopolies charge any price they want to without affecting sales. instead, the output level for a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers