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a monopolist finds that it's fixed cost increase. what will be its short run response?

a monopolist finds that it's fixed cost increase. what will be its short run response?

Top Answer

As we know fixed cost is the cost which not changes with the change in quantity of output produced. In other words fixed... View the full answer

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Lower price and increase production, the reason for this is that... View the full answer

Total cost = Total fixed cost + Total variable cost When total fixed cost of a firm is increasing then the total cost of the... View the full answer

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