Asked • 11/16/19

Monopoly Graph Question

If a firm is producing where P>ATC>MC>MR, then the firm is producing _____________ output and is making __________.


A. Too much ; profits

B. Too much ; losses

C. Too little ; profits

D. Too little ; losses

2 Answers By Expert Tutors

By:

Phillip H. answered • 11/16/19

Tutor
4.9 (82)

9 year High School Social Studies Teacher

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