Question

output under monopoly is produced at a point on SAC where SAC is minimum or maximum or still increasing or still decreasing?​

Answer 1

Answer:

Mark the

Fig. 12.31, three concentric circles Cyl

(i) A point P in the interior

of all the three circles.

A point Q in the interior

of C, and C, but in the

(2

exterior of C.

Fig. 12.31

4. In

(iii) A point R in the interior of C, but in the

exterior of C, and Cz.

(iv) A point S in the exterior of all the three

its

аг

re

fo

circles.

output under monopoly is produced at a point on SAC where SAC is minimum or maximum or still increasing or still decreasing?