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insherro insherro
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Posts: 671
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7 years ago
For a monopolist to earn a positive economic profit, price has to exceed average total cost at the level of output at which marginal revenue equals marginal cost.
Is this statement true or false, please advise
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 110 times
1 Reply
University of Ottawa - Economics for Managers
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Answer verified by a subject expert
sofreshsofresh
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Posts: 466
7 years ago
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More solutions for this book are available here
1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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insherro Author
wrote...

7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
Thanks
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