Monopoly

Sir how for a rational monopolist production till M is rational. As being rational he would try to maximize his profit right?

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Sri kanaga Varshini

CA Inter

★ 1K+

28-Oct-20 11:25

Answers (2)

Yes you are right maximum profit is at the point when MC = MR. in short term e is the correct answer. Is this from ICAI material or MTPs? answer does not look correct

Sriram Somayajula

Admin

28-Oct-20 11:35

Yes you are right maximum profit is at the point when MC = MR. in short term e is the correct answer. Is this from ICAI material or MTPs? answer does not look correct

Some unknown source sir

Sri kanaga Varshini

CA Inter

★ 1K+

28-Oct-20 11:37