bba 103 (1 Viewer)

[hammond]

critically evaulate each of the following statements as advice on how to maximise profits or minimise losses
a) the reason why we charge at a lower price at higher output levels is because b)we are able to spread our fixed costs over a larger production run
monopolists alway try to maximise the difference between price and average costs
C) a monoplist is best off operating on the inelastic portion of the demand curve where it can increase its price without losing many customers.
need help in answering above questions any help would be grateful

 

[Skittled]

At university they give us assignments, and they contribute toward your final mark. In BBA103, these assignments will typically be to do with economics.

Ask a stupid question...
..or none at all....

What's your point, Hammond? You need help? With what, exactly -- surely you have some ideas about at least some of it?