Explore BrainMass

Explore BrainMass

    monopolist's marginal cost

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    A monopolist is profit maximizing where the elasticity of demand is -2 and price is $4. What is the monopolist's marginal cost?

    © BrainMass Inc. brainmass.com October 9, 2019, 5:53 pm ad1c9bdddf

    Solution Summary

    Determine a monopolist's marginal cost.