Question: instead one firm - a monopoly what would be the profit maximizing number of lunches to make per lunch hour? We would make a total
instead one firm a monopoly what would be the profit maximizing number of lunches to make per lunch hour?
We would make a total of lunches to maximize our monopoly profits.
Econ Mentor
That is correct!
Samuel
Kim, to maximize profits as a monopolist, what price would you charge for each of the lunches?
$ per lunch
$ per lunch
$ per lunch
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