Tag: Price-Output Determination in a Multi-Plant Monopoly In this article we will discuss about the price-output determination in a multi-plant monopoly in the long run.

  In the long run, a monopoly organisation with a number of plants may increase (or decrease) the number of its plants with a view to obtain the profit-maximising solution. Now, each plant of the monopolist may be of a different size, and in the long run the size of each plant is a variable.…