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Tidy Tidy
wrote...
Posts: 4852
8 years ago
Which of the following statements applies to a monopolist but not to a perfectly competitive firm at their profit maximizing outputs?
A) Marginal revenue is less than price.
B) Marginal revenue equals marginal cost.
C) Price equals marginal cost.
D) Average revenue equals average cost.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 255 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Tidy Author
wrote...

8 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Thanks for your help!!
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