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Home Q & A Board Other Fields Homework Help Business Economics
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apadong apadong
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7 years ago
A monopolist is currently maximizing profits. In addition, if P > ATC > MC, then the monopolist
A) just breaks even.
B) earns positive economic profits.
C) is covering total fixed costs but not total variable costs.
D) is covering total variable costs but not total fixed costs.
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goldlilysgoldlilys
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7 years ago
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apadong Author
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#2
7 years ago
Thx
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