Which of the following is true if marginal cost is positive? - ProProfs Discuss
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Which of the following is true if marginal cost is positive?

A. A monopolist always produces on the inelastic portion of the firm s demand curve.
B. A monopolist always produces on the inelastic portion of the market demand curve.
C. A monopolist always produces on the elastic portion of the market demand curve.
D. A monopolist always produces on the unit elastic portion of the market demand curve.
E. The presence of a monopolist increases the elasticity of demand.

This question is part of monopoly
Asked by Dwessler, Last updated: Jul 08, 2020

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1 Answer

John Smith

John Smith

Answered Jun 05, 2017

A monopolist always produces on the elastic portion of the market demand curve.
 

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