Why can a monopolist's marginal revenue be negative for some levels of output? Why is marginal revenue

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Why can a monopolist's marginal revenue be negative for some levels of output? Why is marginal revenue negative when market demand is price inelastic?

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: Mar 17, 2016 04:59 AM

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Why can a monopolist's marginal revenue be negative for some levels of output? Why is marginal revenue

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The firms marginal revenue could be negative if the increase in revenue the firm ge...View the full answer

Microeconomics

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