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chomtong chomtong
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Posts: 589
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6 years ago
Suppose we know that a monopolist is maximizing its profits. Which of the following is a correct inference? The monopolist has
A) set price equal to its average cost.
B) maximized the difference between marginal revenue and marginal cost.
C) equated marginal revenue and marginal cost.
D) maximized its total revenue.
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goldlilysgoldlilys
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6 years ago
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chomtong Author
wrote...

6 years ago
Correct Slight Smile TY
wrote...

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

2 hours ago
Brilliant
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