Indicate the point where a monopoly will set its price.

asked Jan 5, 2021 71.7k views

4 votes

3.4k points

Please log in or register to add a comment.

2 votes

When the marginal cost and revenue meet.

Hope this helps!

TheNiceGuy answered Jan 8, 2021

3.0k points

3 votes

Answer:

Where marginal cost and marginal revenue meet.

Step-by-step explanation:

The maximum profit occurs at the point where marginal revenue equals marginal cost.

Luds answered Jan 11, 2021

by Luds

3.9k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.6m questions

4.6m answers