it sayyyss
Let's assume that a monopolist decides to maximize revenue, rather than profit. How does this operating objective change the size of the deadweight loss? If you are a "benevolent" manager of a monopoly firm and are interested in reducing the deadweight loss of monopoly, should you maximize revenue? carefully explain your answer.
if you could help, gracias
Let's assume that a monopolist decides to maximize revenue, rather than profit. How does this operating objective change the size of the deadweight loss? If you are a "benevolent" manager of a monopoly firm and are interested in reducing the deadweight loss of monopoly, should you maximize revenue? carefully explain your answer.
if you could help, gracias