A Single-Price Monopoly's Output and Price Decision
{"Image DocumentName": "A Single-Price Monopoly\u2019s Output and Price Decision", "Image ImageDescription": "If demand is unit elastic, a fall in price brings total revenue does not change. The rise in revenue from the increase in quantity sold equals the fall in revenue from the lower price per unit, and MR = 0. Total revenue is maximized when MR = 0.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}