Register

A monopolistically competitive firm is producing at an output level where marginal revenue is greater than marginal cost. this firm should _____ quantity and _____ price to incr…

A monopolistically competitive firm is producing at an output level where marginal revenue is greater than marginal cost. this firm should _____ quantity and _____ price to incr…
asked 178k views
0 votes
A monopolistically competitive firm is producing at an output level where marginal revenue is greater than marginal cost. this firm should _____ quantity and _____ price to increase profit or reduce losses.​

asked
User Harsha Basnayake
by
7.4k points

1 Answer

3 votes
this firm should make less quantity and lower price to increase profit or reduce losses
answered
User Limey
by
7.8k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
Link Copied!