In 1999, a judge declared that Microsoft was a monopolist. Assuming that Microsoft has a linear demand curve and that it is maximizing its profits at its current level of output, we may conclude that if Microsoft were to increase its price, its total revenue would:

A) rise.

B) fall.

C) remain unchanged.

D) there is insufficient information to make a determination.

Question

Hannah Lin

23 May, 19:15

+3

Answers (1)

Know the Answer?

Maryjane Burke · Answer 1

B) fall

Explanation:

if Microsoft were to increase its price, its total revenue would fall