![At what point of the demand curve does the monopolist fix his price? At what point of the demand curve does the monopolist fix his price?](https://digitalteachers.co.ug/wp-content/uploads/2022/09/Bbosa-Science.png)
At what point of the demand curve does the monopolist fix his price?
The monopolist fixes his price at a point where the output line meets the demand curve (AR) or the consumers’ willingness to pay which yield maximum revenue as shown below
The monopolist fixes price at point B
CATEGORIES Economics
TAGS Dr. Bbosa Science