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Profit maximizing decision of a pure monopolist firm

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Please help explain profit maximizing decision of a pure monopolist firm and compare it to the profit maximizing decision of a firm within a purely competitive market and a monopolist firm in a competitive market.

© BrainMass Inc. brainmass.com September 22, 2018, 10:45 pm ad1c9bdddf - https://brainmass.com/economics/output-and-costs/profit-maximizing-decision-pure-monopolist-firm-56295

Solution Summary

Profit maximizing decisions are summarized.

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