Question #57900
Question: can we say if its a monopoly or not? how? why?
a logistics firm has the following economic data
Q MC AC MR
1 400 500 650
2 300 400 350
3 200 300 250
4 150 220 150
5 100 200 110
6 50 150 60
7 25 5 40
8 0 0 0
a logistics firm has the following economic data
Q MC AC MR
1 400 500 650
2 300 400 350
3 200 300 250
4 150 220 150
5 100 200 110
6 50 150 60
7 25 5 40
8 0 0 0
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