Week 5 discussion

Post ID: 3326627

Overview

350 word add references
Why don’t competitive industries produce at the rate of output that maximizes industry profits, as a monopolist does? What circumstances might cause a monopolist to charge less than the profit-maximizing price?
Initial post (due Wednesday) Peer Response (please respond to at least two of your peers by Sunday
https://youtu.be/yQBsgxz_ERA
https://youtu.be/gcq9KFpEuLc
Text book Managerial Economics & Business Strategy, 10th EditionBy Michael Baye and Jeff PrinceISBN 13: 9781260940541Publisher: ‎McGraw Hil