Question
Let's say that you know the following information for an oligopoly firm: Total Revenue equals $200 million. Variable Costs are $170 million. Fixed Costs equal
Let's say that you know the following information for an oligopoly firm:
Total Revenue equals $200 million.
Variable Costs are $170 million.
Fixed Costs equal $20 million.
The firm is currently producing 2,000 products at the MC = MR point (and the MC curve is rising).
What recommendation do you have for this firm?
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World Economic And Social Survey 2012 In Search Of New Development Finance
Authors: United Nations Department Of Economic And Social Affairs
1st Edition
9210555112, 9789210555111
