Economy, asked by lashbrowny, 3 months ago

a. Compare monopoly and perfect competition demand and marginal revenue curve showing through diagram. State their profit maximization level of output. 7 marks

b. Draw both the market structure in the same graph and show the consumer surplus for perfectly competitive market and monopoly. 7 marks

Answers

Answered by palakchordiya123
0

Explanation:

Compare monopoly and perfect competition demand and marginal revenue curve showing through diagram. State their profit maximization level of output.

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