Thursday, December 1, 2011

Re: (Attock VU Group) ..........some q of eco401.....

why monopolists produce lower quantities at higher prices compared to perfectly competitive firms?

iska matlab ye hai k ye bunda akela aik firm chalata hai jo k lets suppose hair band banata hai baki market me koi bhi nahi banata hai so wo akela hai isliye ziyada pese mang ker kum chez supply kerta hai or iski simple example ye hai k apke area me agar koi shop hai jis k pass rice milte hai baki kahi nahi milte or ap se wo moo mangi price bhi leta hai or ap dete hai k ap majbur hai so what do u think competitive market me to bohat saray producer hote hai aik chez ke to wo ziyada earn kerta hai or supply kum kerta hai .


On Thu, Dec 1, 2011 at 12:13 PM, Shazia <shazia277@gmail.com> wrote:
If a consumer facing some budget constraint and having many indifference curves then what will be the optimum point where he can maximize his utility?






On Thu, Dec 1, 2011 at 10:58 PM, Shazia <shazia277@gmail.com> wrote:
answer these if any one knows........

why monopolists produce lower quantities at higher prices compared to perfectly competitive firms?




why a marginal revenue  and price are equal under perfect competition ?



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