A pure monopolist should never produce in the

Updated on August 6, 2022

44. A pure monopolist should never produce in the A. elastic segment of its demand curve, because it can increase total reven

Answer

Q44) option C)

Monopolist should never produce in the in-elastic segment of
Demand Curve, bcoz TR rises more than TC, by producing more,
leading to higher profit levels

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Q45) option B)

MR = MC , applies only when MONOPOLY