When does a Monopolist attain equilibrium? Equilibrium of the Monopolist.

When does a Monopolist attain equilibrium? Equilibrium of the Monopolist.

Equilibrium is the most efficient operating level for the monopolist. Where this happens the monopolist will not have the slightest intention to leave the industry especially, as he is in total control of both price and output.

Equilibrium of the monopolist usually occurs where: P > MC & MC = MR.

Unlike a firm in a perfect market, the monopolist does not attain equilibrium by equating price (P) of the commodity to marginal cost (MC).

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