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Q: When a firm operates under conditions of monopoly its price is?
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What is monopoly and how price and output decisions taken under monopoly?

Monopolistic competition refers to the the exclusive possession or control of the supply or trade in a commodity or service.


How do you find the value of producer surplus under a single price monopoly?

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Under what conditions do marketers have no flexibility in price control?

Marketers have no flexibility in setting prices under conditions of


Under what conditions might profit maximization not lead to stock price maximization?

Under what conditions might profit maximization not lead to stock price maximization?"


Price and output determination under oligopoly?

Explain how price and output decision are taken under conditions of oligopoly.


Discuss equilibrium of a firm under monopoly what are the conditions of equilibrium?

when marginal revenue equal to marginal cost,when marginal cost curve cut marginal revenue curve from the below and when price is greter than average total cost


Why a firm is a price taker and not a price maker under perfect market conditions?

the firm is too small and has too much cometition which offers the same product. if it charged more than ist cost Price the competition would take the customer away. becoming a pricemaker needs a local, innovational, governmental or resource based monopoly. that's not given under perfect marked condition.


Under which conditions is price discrimination possible?

discriminating possible and profiable


What island is under Sicily?

Monopoly Island


What are the ratings and certificates for Under the Boardwalk The Monopoly Story - 2010?

Under the Boardwalk The Monopoly Story - 2010 is rated/received certificates of: USA:G (certificate #46320)


How much is a generic monopoly game?

I don't know what you mean by generic Monopoly but you can get some Monopoly varieties for under $10. The original doesn't cost much more.


What company operating under condition of monopoly and oligopoly?

There may be a case for government, the welfare consequences of monopoly, duopoly or oligopoly.