Economy, asked by nidhigk448, 9 hours ago

what is the effect on output of an increase in r2. if the output is sold by a monopolist

Answers

Answered by simonthakur12345
0

Answer:

hmko pta hai lekin hm nai btayenge

kyoki hmko mood nai hai

Answered by sanjeevk28012
0

what is the effect on output of an increase in r2. if the output is sold by a monopolist

Explanation:

Output will be sold more if the rate increase in an monopoly because:

  • In this type of market there is one seller who can adjust the price on his own without any fear of lose.
  • When rate increase output will also increase.
  • Goal is profit maximization.
  • More output is sold.

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