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Economics Help!!!! Need answer ASAP!!!!!?
Bob owns a trout farm with monopoly power in North Carolina. Bob's optimal output occurs where marginal revenue__________. Because of monopoly power, Bob's supply curve________.
A) equals marginal cost;does not exist
B) exceeds marginal cost;does not exist
C) equals marginal cost;is upward sloping
D) exceeds marginal cost;is perfectly inelastic
3 Answers
- Anonymous8 years agoFavorite Answer
C,
- ?Lv 45 years ago
the only paying $3,000 once you startr as this would tutor $3 hundred interest in case you do no longer spend any of the $3,000 interior the 1st 3 hundred and sixty 5 days, so which you would be $3 hundred greater helpful off, yet given which you do no longer spend any of this funds. this is all hypothetical, via fact i do no longer understand everyone who would artwork for a 300 and sixty 5 days with none interim cost, funds flow is a very effective element.
