EditedBean EditedBean

01-04-2022
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contestada

If marginal revenue exceeds marginal cost, a monopolists should
A. decrease output.

B. increase output.

C. keep output the same because profits are maximized when marginal revenue
exceeds marginal cost.

D. raise the price.

Respuesta :

cdpnorthw cdpnorthw

01-04-2022

Answer:

increase price and decrease output

Explanation:

supply and demand.. Hope this helps!

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