Learn how monopolies maximize profits by equating marginal cost and revenue. Discover the economic principles guiding price and output decisions in monopoly markets.

Experts say the rupee’s appreciation offers limited relief to Indian students in the US, with tuition, housing and healthcare ...

It is natural for a business to think about cutting costs when margins are tight. As the title implies, there is a right and wrong way to cut costs. The right way, from an economist’s perspective, is ...

This paper describes a method for measuring a firm’s incremental margin using observed prices and market shares when a firm sells the same product from the same production facilities into multiple ...

You’ve probably heard this story before: a local business, owned for decades by a family that has been deeply involved with the community, closes its doors due to being muscled out by a national big ...

The question, “Is the market objectively overvalued?” is misguided for the following reasons: The plurality of objective values. Intrinsic value is real, and it can be determined objectively—given ...

Employers expect that health benefits costs will reach an average of $18,500 per employee, for a 6.7% increase in costs in 2026. That's according to the latest survey from Mercer, which released its ...

Urban areas also saw a slight uptick in unemployment during the second quarter of FY26, even as the overall unemployment rate registered a marginal decline. The unemployment rate saw a marginal rise ...

Marginal cost helps predict company profit by analyzing cost to produce extra units. Investors use the gap between marginal cost and revenue to assess profitability. Technology firms, due to low ...

Being a doctor is my greatest joy, but it often comes with challenging conversations and heartbreaking realities. This moment in time is one I don’t think I’ll ever forget. As a family medicine and ...

The Social Security cost-of-living adjustment will be 2.8% in 2026, the Social Security Administration said. Social Security retirement benefits will increase by about $56 per month on average ...