Under what condition will a monopoly firm incur losses?

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asked Nov 22, 2018 20.0k views

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Markum · Answer 1 · 2018-11-26T11:24:46+0000

A monopoly would have to make it so the marginal revenue is less than the marginal cost, and in return, the monopoly would end up losing money instead of gaining money. This means that they are spending more money than they are making.

Under what condition will a monopoly firm incur losses?

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