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Ryanteck Ryanteck
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6 years ago
The condition for profit-maximization for competitive firms and monopolies is the same: marginal revenue equals marginal cost. Hence, monopolies are efficient.
A) True
B) False
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DeToXiFYDeToXiFY
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6 years ago
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Ryanteck Author
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6 years ago
Good timing, thanks!
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This site is awesome
yen
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Helped a lot
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