A monopoly firm 39 s demand curve is given by q A where q is the quantity demanded P is the pri...........

Economics-I Mathematical Methods in Economics

A monopoly firm's demand curve is given by q = A , where q is the quantity demanded, P is the price of the good, and A is a positive

constant. There are no fixed costs. The average cost curve is given by . C(q) = cq, where $\infty$ > c > 0. Using a diagram, show that this firm does not