What is true if marginal cost is positive? - ProProfs Discuss
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What is true if marginal cost is positive?

What is true if marginal cost is positive?

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Asked by Dwessler, Last updated: Nov 17, 2024

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John Smith

John Smith

John Smith
John Smith

Answered Jun 05, 2017

A monopolist always produces on the elastic portion of the market demand curve.
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