A monopoly firm is currently earning positive economic profit. The owner of the

A monopoly firm is currently earning positive economic profit. The owner of the firm decides to sell it. He asks for a price that takes into account the economic profit. Explain and diagrammatically show what this does to the average total cost (ATC) curve of the firm.

"Get 15% discount on your first 3 orders with us"
Use the following coupon
"FIRST15"

Order Now