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Title: For a monopolist to earn a positive economic profit, price has to exceed average total cost at the ... Post by: insherro on Jan 23, 2017 For a monopolist to earn a positive economic profit, price has to exceed average total cost at the level of output at which marginal revenue equals marginal cost.
Is this statement true or false, please advise Title: Re: For a monopolist to earn a positive economic profit, price has to exceed average total cost at ... Post by: sofresh on Jan 23, 2017 Content hidden
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