Explain how will profit maximizing monopolist distribute output in dif – InterviewSolution

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1.	Explain how will profit maximizing monopolist distribute output in different markets?
Answer» racteristic of a monopolist is that it is a PROFIT maximizer. Since there is no competition in a monopolistic market, a monopolist can control the price and the quantity demanded. The LEVEL of output that MAXIMIZES a MONOPOLY's output is calculated by equating its marginal cost to its marginal REVENUE.

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