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Microeconomics II
book

Microeconomics II

by D.N. Dwivedi
August 2011
Intermediate to advanced content levelIntermediate to advanced
368 pages
14h 51m
English
Pearson India
Content preview from Microeconomics II
50 Chapter 3
3. Alternatively, the monopoly rm may nd its equilibrium just at the optimum size of the plant.
is is possible only when the market-size is just large enough to permit optimum utilization of
the rm’s capacity. is possibility has been illustrated in Figure 3.10. is may also happen as
a matter of coincidence and when production is accurately planned, given the revenue curves.
EQUILIBRIUM OF A MULTI-PLANT MONOPOLY
We have so far analysed the equilibrium of a single-plant monopoly rm. In this section, we will explain
the case of a multi-plant monopoly—a monopoly rm producing a homogeneous product in more than
one plant. F
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Publisher Resources

ISBN: 9788131797655