Does anybody have an example of a monopoly where the marginal cost pricing is enforced? As you know, if a firm is operating under marginal cost pricing, they may not be even making a normal profit because for a monopoly, the MC lies below ATC.
Does anybody have an example of a monopoly where the marginal cost pricing is enforced? As you know, if a firm is operating under marginal cost pricing, they may not be even making a normal profit because for a monopoly, the MC lies below ATC.