A monopolist is producing at a point at which marginal cost
A monopolist is producing at a point at which marginal cost exceeds marginal revenue.
How should it adjust its output to increase profit?
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a monopolist is producing at a point at which marginal cost exceeds marginal revenuehow should it adjust its output to
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we write the percentage markup of prices over marginal cost as p - mcp for a profit-maximizing monopolist how does this
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