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sinerus sinerus
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7 years ago
If a monopolist charges the same price for all of the units of the good that it sells, then beyond the first unit sold
A) P = MR because the firm maximizes profit.
B) P < MR because the monopolist must decrease price on all units in order to sell another unit.
C) P = MR because the monopolist holds price constant.
D) P > MR because the monopolist must decrease price on all units in order to sell another unit.
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Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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