Economic Definition of marginal analysis monopoly. Defined.
Offline Version: PDF
Term marginal analysis monopoly Definition: A monopoly produces the profit-maximizing quantity of output that equates marginal revenue and marginal cost. This marginal approach is one of three methods that used to determine the profit-maximizing quantity of output. The other two methods involve the direct analysis of economic profit or a comparison of total revenue and total cost.
« loss minimization monopoly | marginal revenue and demand elasticity monopoly »
Permalink: https://glossary.econguru.com/economic-term/monopoly,+marginal+analysis