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Demand curve intersects the avc curve

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Reference no: EM131512984

a) If the monopoly's demand curve intersects the AVC curve at minimum AVC, the firm will shut down.

b) Mergers and acquisitions (M&A) to create a monopoly would have a negative effect on the economy because it might increase the firm's market power and raise prices.

c) A monopolist's marginal revenue could be negative for some levels of output.

Reference no: EM131512984

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