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

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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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