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Tidy Tidy
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8 years ago
A profit maximizing monopoly's price is
A) the same as the price that would prevail if the industry was perfectly competitive.
B) less than the price that would prevail if the industry was perfectly competitive.
C) greater than the price that would prevail if the industry was perfectly competitive.
D) not consistently related to price that would prevail if the market was perfectly competitive.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 214 times
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VincenzoDVincenzoD
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8 years ago
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Tidy Author
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Correct Slight Smile TY
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Good timing, thanks!
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