In 1999,a Judge Declared That Microsoft Was a Monopolist

question 309

Multiple Choice

In 1999,a judge declared that Microsoft was a monopolist.Assuming that Microsoft has a linear demand curve and that it is maximizing its profits at its current level of output,we may conclude that,if Microsoft were to increase its price,its total revenue would:

• A)rise.
• B)fall.
• C)remain unchanged.
• D)There is insufficient information to make a determination.

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