question archive An increase in a monopolists fixed costs would: a
An increase in a monopolists fixed costs would: a
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An increase in a monopolists fixed costs would:
a. possibly increase, decrease or not affect profit-maxmizing price and quantity, depending on the elasticity of demand.
b. not affect the profit-maximizing price or quantity, but it would change net revenues.
c. increase the profit-maximizing once and decrease the profit-maximizing quantity produced.
d. not affect revenue, the profit-maximizing price, or quantity.
e. none of the above.
Option 1
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