--%>

Price above marginal cost to minimizes average cost

When a monopolist which does not price discriminate maximizes profit and its economic profit is zero, this will charge a price: (w) equal to marginal cost and will be at the minimum average cost. (x) equal to marginal cost, but will produce less than the output which minimizes average cost. (y) above marginal cost, and will minimize average cost. (z) above marginal cost, and produce an output less than the output which minimizes average cost.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Explain about supply curve A supply

    A supply curve which is: (i) vertical is perfectly price elastic. (ii) horizontal is perfectly price inelastic. (iii) linear and goes through the origin has a price elasticity of one. (iv) rectangularly hyperbolic is also unitarily elastic. (v) trapez

  • Q : Effect of national income on Normal

    A possible demonstration for economy-wide rises in demands for such goods as latest cars and clothes would be that: (1) National income has risen. (2) The economy is fall into recession. (3) The prices of the goods go up. (4) Prices were cut for the c

  • Q : Synonym for the instant period or run

    A synonym for the instant period (or instant run) of production is the: (w) short run. (x) long run. (y) technological long run. (z) market period. Hello guys I want your advice. Please recommend some views for above Econom

  • Q : Barriers to entry of dominated industry

    An industry dominated by small huge firms shielded through barriers to entry is: (1) a monopoly. (2) a vertically integrated industry. (3) an oligopolistic industry. (4) an aggregated industry. (5) a cartel. I need

  • Q : Unionized construction workers The

    The passage of a considerably higher legal minimum wage would be most probable to advantage: (1) Philosophy majors. (2) American high-school drop-outs in their teens. (3) Foreign workers whose manufacture is exported to the United States. (4) Unionized construction wo

  • Q : Income related to positive demand I

    I have a problem in economics on Income related to positive demand. Please help me in the following question. The goods for which the demands are positively related to income are termed as: (i) Normal goods. (ii) Inferior goods. (iii) Substitute neces

  • Q : Process of Screening Can someone help

    Can someone help me in finding out the right answer from the given options. The principal who observes the qualifications of a potential agent prior to offering the agent a contract is engaging in the procedure of: (1) Signaling. (2) Finding out an efficient wage. (3)

  • Q : Graphical relationship depicted by

    Demand curves graphically depict the relationships which are: (i) Positive among the demand for a good and its relative price. (ii) Negative between the quantity demanded and the opportunity cost of a good. (iii) Positive between income and expenditures. (iv) A horizo

  • Q : LEAST Liquidity in market The LEAST

    The LEAST liquid of the given assets is: (1) a corporation's capital. (2) savings accounts. (3) cash. (4) U.S. savings bonds. (5) checking accounts. Hey friends please give your opinion for the problem of E

  • Q : Opponents of Contribution Standard

    Opponents of contribution standard for income distribution, the: (w) prefer a more efficient mechanism to distribute income. (x) accept marginal productivity theory. (y) question how well the market system measures productivity. (z) generally favor de