If the ___film has zero coats or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero

Options

A. Perfect Competition
B. Monopoly
C. Oligopoly
D. Monopolistic Competition

Answer

B

Explanation

If the monopoly firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where marginal revenue is zero. In contrast, perfect competition would supply an equilibrium quantity given by the point where average revenue In contrast, perfect competition would supply an equilibrium quantity given by the point where average revenue is zero. The essence of monopoly power the ability to alter the peice of a product. There is on one seller or in in the market facing many buyers.