A firm under monopoly or oligopoly that aims to maximize sales revenue will tend to produce more

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A firm under monopoly or oligopoly that aims to maximize sales revenue will tend to produce more than a firm that aims to maximize profits. Does this conclusion also apply under (a) perfect competition and (b) monopolistic competition, given that there is freedom of entry?

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Economics

ISBN: 978-0273721307

7th edition

Authors: John Sloman, Alison Wride

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