L M 20 N R A K J P R Ho- G FE Profit maximizing quantity of the monopoly: + Marginal revenue is 0 in the point: ● Price that maximizes the profit of the monopoly: ● In this point the demand is elastic: O In this point marginal revenue and marginal cost intersect: C D 4

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter9: Monopoly
Section: Chapter Questions
Problem 2SQ
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L
KI— H
M
R
N
A
с
P
R
Ho
G FE
Profit maximizing quantity of the monopoly: 수
Marginal revenue is 0 in the point:
+
Price that maximizes the profit of the monopoly: +
In this point the demand is elastic:
→
In this point marginal revenue and marginal cost intersect:
D
Transcribed Image Text:L KI— H M R N A с P R Ho G FE Profit maximizing quantity of the monopoly: 수 Marginal revenue is 0 in the point: + Price that maximizes the profit of the monopoly: + In this point the demand is elastic: → In this point marginal revenue and marginal cost intersect: D
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