![a.) Why must a monopolist always price in the elastic part of the demand curve if she sets an optimal price? b.) What is the relationship between elasticity and Marginal Revenue = a.) Why must a monopolist always price in the elastic part of the demand curve if she sets an optimal price? b.) What is the relationship between elasticity and Marginal Revenue =](https://homework.study.com/cimages/multimages/16/monopoly1309856125622196918.png)
a.) Why must a monopolist always price in the elastic part of the demand curve if she sets an optimal price? b.) What is the relationship between elasticity and Marginal Revenue =
![Monopoly and monopolistic revenues, equations, elasticities, and price discrimination - FreeEconHelp.com, Learning Economics... Solved! Monopoly and monopolistic revenues, equations, elasticities, and price discrimination - FreeEconHelp.com, Learning Economics... Solved!](https://1.bp.blogspot.com/-ElNu48pY0RQ/Tnjgt7s2MRI/AAAAAAAAANA/6Ybq0ebSqm8/s1600/monopoly+fluid.png)
Monopoly and monopolistic revenues, equations, elasticities, and price discrimination - FreeEconHelp.com, Learning Economics... Solved!
![If demand is inelastic and a monopolist raises its price, total revenue would increase/decrease and total cost would increase/decrease, causing profit to increase/decrease. Therefore, a monopolist wil | Homework.Study.com If demand is inelastic and a monopolist raises its price, total revenue would increase/decrease and total cost would increase/decrease, causing profit to increase/decrease. Therefore, a monopolist wil | Homework.Study.com](https://homework.study.com/cimages/multimages/16/screen_shot_2018-12-06_at_1.56.56_pm8410313462741030795.png)
If demand is inelastic and a monopolist raises its price, total revenue would increase/decrease and total cost would increase/decrease, causing profit to increase/decrease. Therefore, a monopolist wil | Homework.Study.com
![The demand curves facing a seller under conditions of pertect competition, monopolistic compettion and monopoly difer in their price elasticities of d - Sarthaks eConnect | Largest Online Education Community The demand curves facing a seller under conditions of pertect competition, monopolistic compettion and monopoly difer in their price elasticities of d - Sarthaks eConnect | Largest Online Education Community](https://learnqa.s3.ap-south-1.amazonaws.com/images/1610517794418449706pdnDcbh9UHndQh8g.png)
The demand curves facing a seller under conditions of pertect competition, monopolistic compettion and monopoly difer in their price elasticities of d - Sarthaks eConnect | Largest Online Education Community
![Consider the relationship between monopoly pricing and price elasticity of demand. a. Explain why a monopolist will never produce a quantity at which the demand curve is inelastic. (Hint: If demand is Consider the relationship between monopoly pricing and price elasticity of demand. a. Explain why a monopolist will never produce a quantity at which the demand curve is inelastic. (Hint: If demand is](https://homework.study.com/cimages/multimages/16/0027528461574818391573.jpg)