If a monopolist wishes to increase its output and quantity sold
A) it must reduce its price, so its marginal revenue is greater than its price.
B) it must reduce its price, so its marginal revenue is less than its price.
C) it must raise its price, so its marginal revenue is greater than its price.
D) it must raise its price, so its marginal revenue is less than its price.
Answer: B
Economics
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If a corporate bond with face value of $5,000 has an interest rate of 4 percent paid once a year for a term of 30 years, what is the size of the coupon payment?
A) $4 B) $200 C) $1,250 D) $5,000
Economics
Refer to Table 20-1. The unemployment rate for this simple economy equals
A) (100/1,000 ) × 100. B) (100/15,000 ) × 100. C) (100/1,100 ) × 100. D) (100/20,000 ) × 100.
Economics