INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Monopoly and Imperfect Competition soru detayı:

PAYLAŞ:

SORU:

If a monopoly’s marginal revenue is less than its price,what must it do in order to increase its output by one unit ?


CEVAP:

In order to increase its output by one unit, a monopoly must reduce the price it charges for every unit and this cut in price reduces the revenue on the units it was already selling.