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insherro insherro
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7 years ago
Which of the following conditions holds for a monopolist, but not for a perfect competitor, at the profit-maximizing level of output?
A) Price = average revenue.
B) Marginal revenue = marginal cost.
C) Price > marginal cost.
D) Profit = (AR-ATC) x Q.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
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University of Ottawa - Economics for Managers
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andyborziandyborzi
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7 years ago
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insherro Author
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7 years ago
Thanks for your help!!
gage
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Thank you, thank you, thank you!
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This calls for a celebration Person Raising Both Hands in Celebration
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