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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
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6 years ago
Just got PERFECT on my quiz
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Yesterday
Thanks
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2 hours ago
this is exactly what I needed
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