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Hernando G. Hernando G.
wrote...
Posts: 440
5 years ago
For a monopoly earning positive economic profits at the profit-maximizing output level, all of the following are true EXCEPT

• P > MC.

• P > ATC.

• P > MR.

• P = MR.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Steve T.Steve T.
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Posts: 362
5 years ago
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