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Other Fields Homework Help Economics Topic started by: lstar1993 on Feb 27, 2019



Title: A profit-maximizing monopoly's price is
Post by: lstar1993 on Feb 27, 2019
A profit-maximizing monopoly's price is

• the same as the price that would prevail if the industry was perfectly competitive.

• less than the price that would prevail if the industry was perfectly competitive.

• greater than the price that would prevail if the industry was perfectly competitive.

• not consistently related to price that would prevail if the market was perfectly competitive.


Title: A profit-maximizing monopoly's price is
Post by: rand22 on Feb 27, 2019
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Title: A profit-maximizing monopoly's price is
Post by: lstar1993 on Feb 27, 2019
This site is awesome!


Title: A profit-maximizing monopoly's price is
Post by: rand22 on Feb 27, 2019
:) Good luck on the rest