isabellesolisss6769 isabellesolisss6769

30-10-2017
Business

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Under what condition will a monopoly firm incur losses?

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Kalahira Kalahira

09-11-2017

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.

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